Kevin Garnett sues ex-accountant for $77 million

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A wealth manager already convicted of defrauding one former NBA star also (allegedly) stole $77 million from Kevin Garnett, and Garnett is suing his longtime accountant and accounting firm, saying they helped it happen.

MINNEAPOLIS (AP) — Kevin Garnett is suing an accountant and his firm, alleging they helped a wealth manager steal $77 million from the retired Minnesota Timberwolves and Boston Celtics star.

The federal malpractice lawsuit alleges Kentucky-based accountant Michael Wertheim and Welenken CPAs enabled Charles Banks IV of Atlanta to defraud Garnett through businesses in which Garnett and Banks shared an interest. Continue Reading