Julius Erving Accused Of Fraud
By Wyatt Earp | February 7, 2011
Who knew Dr. J’s field of expertise was proctology?
Basketball legend Julius “Dr. J” Erving is facing legal action Saturday for allegedly cheating a wealthy Manhattan woman out of more than $420,000 in a deal with crooked money manager Kenneth Starr. Mary Gilbert’s suit — which charges Erving with breach of contract and fiduciary duty — seeks payment of all her lost profits, along with “prejudgment interest” and punitive damages.
In exchange for nearly $257,000 in cash, Erving allegedly promised Gilbert 33 percent of all his Commonwealth distributions until she was paid back and 30 percent of his returns after that. The deal turned out to be another slam dunk for Erving, who raked in more than $2.9 million from Commonwealth between 1995 and 2010, court papers said.
Wow. If this is true, it’s pretty despicable; especially since Erving was one of the truly good guys in Philadelphia sports
Topics: The Job | 4 Comments »
February 7th, 2011 at 1:09 pm
Personally, I always suspected he didn’t hold a doctorate degree
February 7th, 2011 at 5:18 pm
Look at the bright side…….
At least he didn’t cheat a POOR Manhattan woman out of $420,000.
February 7th, 2011 at 9:14 pm
Crusty – He’s a bamboozler and a liar? For shame!
JT – Yeah, that would probably be much worse.
March 13th, 2011 at 1:48 pm
I dont feel sorry for Dr. J. one bit! He is a jerk! There was a little grade school in my town that and needed money or it was closing down . It was in a small parish for local immigrants. I decided to help them raise money and sent Dr. J. a throw back pair of Dr Js converse tennis shoes from the 70′s to sign and I was going to list the item on Ebay and give the funds to the school. I included a letter from the parish priest. The amount of time he took to send this letter back to me that was REFUSING the signature on a pair of tennis shoes, he could of just signed his name in 2 seconds! This was downright stingy, greedy and thoughtless! He has had his share of bad luck, afterward I heard his son went out to the grocery store for soda or something like that and never came back, later it was discovered he drove into a ditch with some water and drowned. People reap their bad luck by being jerks in this world. How much could his signature be worth on a pair of tennis shoes anyway? I just happened to have the shoes and thought if he signed them I could give the money to the church. HE IS A COMPLETE SELF CENTERED JERK! What goes around comes around… well now he knows what that little church felt like when they had to close their school.