Carmelo Anthony Sues Business Managers

SACRAMENTO (CN) – Denver Nuggets forward Carmelo Anthony says his financial advisers stole $2 million from him and cooked the books to hide it.

     Anthony says he entrusted his financial affairs to his business managers in 2003. He claims lead defendant Larry Harmon made nine fraudulent wire transfers through his various companies between 2005 and 2008. Anthony says the transfers served no legitimate purpose.
     To cover their tracks, he says, Harmon and co-defendant Kenny Cruz drafted a fake amendment to their operating agreement. The amendment claimed Anthony’s company, Chosen One Properties, was buying a $2 million stake in Harmon’s company, Vitalis Partners, Anthony says in his federal complaint.
     He says the defendants used some of his money to pay an architectural firm, MGC Partners, for work it did for the defendants.
     Anthony says he fired the defendants this year. He claims they altered the books before sending them to his new manager to cover up their fraud.
     Anthony demands $2 million, an accounting and punitive damages. He is represented by Robert Hirsh of Beverly Hills.
     Here are the defendants: Larry Harmon & Associates, Larry W. Harmon, Harmon-Castillo LLP, Frank Castillo, Kelly Runkle, Sora Barnes, Kenny Cruz, KC Development LLC, Vitalis Partners LLC, Professional Partners LLC, and MCG Partners.

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