Thursday, 7 September 2017

MIKE TYSON: FORMER TYSON FINANCIAL MANAGER JAILED


Former Iron Mike Tyson's financial adviser has been jailed for 33 months...He provided Tyson with investment services...

Brian J. Ourand stole $264,124 from the former heavyweight champ...

He also admitted that he stole more than $1 million from, apart from Tyson, Glen Rice and 2 other unidentified pro athletes... 

Glen Rice was duped $546,168...

Ourand is facing 3 years supervised release and will do more than 100 hours of community service...

He is required to pay more that $2 million...

He's case was of using fraudulent means to enrich himself by way of making cheques to himself as well as cash deposits to his accounts...

"Brian Ourand's greed came at a cost for the people who trusted him their money," said US Attorney Channing Phillips.  

"Instead of managing his clients' funds , as he has promised to do, he used the money for hotels, health care memberships, rental cars and other personal expenses. Today's sentence holds him accountable for his larcenous acts."


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