PHILADELPHIA (CN) – NBA All-Star Richard Hamilton claims his former business manager embezzled $1 million from him. Hamilton claims in Federal Court that Joshua Nochimson admitted it after Hamilton confronted him.
Hamilton says he met Nochimson while they were both students at the University of Connecticut, where Hamilton led his team to the 1999 NCAA Championship and Nochimson was a student manager of the team. After he was drafted to the NBA, Hamilton says, he hired Nochimson as his personal assistant, and then business manger, to help him get started in a career in sports management.
Hamilton claims that Nochimson embezzled about $1 million from 2003 to 2008, including using 1.4 million of his frequent flyer miles; spending $85,000 on airline and game tickets; writing $112,000 in unauthorized checks; wiring $3,300 to his own bank account; swiping $2,400 from an endorsement contract with Upper Deck; and refusing to repay an $80,000 loan.
Hamilton says that when he learned of all this, and confronted Nochimson with it, he admitted it. Hamilton says he fired him, “and Mr. Nochimson decertified himself as an agent for National Basketball Association players.”
Nochimson lives in Glenview, Ill., according to the complaint.
Hamilton is represented by Alan Milstein with Sherman, Silverstein & Kohl.
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