Shabazz Muhammad’s Father Has Been Indicted On Fraud Charges

Shabazz Muhammad’s Father Has Been Indicted On Fraud Charges
Sports
Like Us On Facebook
Like Us On Facebook

The father of former UCLA small forward Shabazz Muhammad was indicted on federal bank fraud and conspiracy charges Thursday and is being detained in Las Vegas pending a detention hearing, according to the Las Vegas Review Journal.

According to the indictment, Ron Holmes and his business partners fraudulently attained mortgage loans to buy houses from 2006 to 2009. The U.S. attorney’s office is trying to reclaim $2.5 million from Holmes.

Before Muhammad played at UCLA, Holmes was investigated by the NCAA, after lying about his son’s age, because of questionable financial practices.

He pleaded guilty to using fraudulent bank statements to obtaining mortgages in 1999 and had to pay a restitution fee of about $78,000 to banks and credit unions.

Muhammad is projected as a lottery pick in the NBA Draft in June. Watch his highlights below.

via Sports Xchange, Photo Credit: Getty Images

Share Tweet
React
Like Us On Facebook
Like Us On Facebook

Julian Sonny

From the sandy beaches of Hawaii, to the streets of New York: Julian has seen it all. His lifetime of travels has given him a broad scope of knowledge and an eclectic taste unlike any other in the tri-state area. Julian has often been compared to cultural icon, The Rock, because of his unequivocal work ethic and warrior-like stature.

More In Sports

Sports Joseph Milord

This Might Literally Be The Greatest Mini Golf Hole-In-One Ever

Brace yourselves: What you’re about to watch literally may be the greatest mini-golf shot you’ve ever seen. Now, I know what you’re thinking, and I’ll be the first to admit it: Our generation uses the word “literally” too much, literally. This is literally the greatest movie ever; that’s literally the most amazing that’s ever happened; […]

Sports John Flynn

How The Clippers Will Inevitably Suffer If Sterling Remains As Owner

Yesterday, Chris Paul and Doc Rivers discussed boycotting the NBA until Donald Sterling is no longer the official owner of the Clippers. Although Sterling’s wife, Rochelle, sold the team to Microsoft honcho Steve Ballmer for a record-obliterating $2 billion, Donald Sterling has since launched anti-trust lawsuits against the league, delaying the official sale. Sterling has […]

Also On Elite

Dating

A Letter To My First Love: Thank You For Everything

My Dear First Love, You were the first I ever loved, and it breaks my heart to say that you are not my last. This letter is for you, so that you know how much I cherished you and how important you were — and are — in my life. My first love, even though […]

Life

Tokens Of Travel: 15 Life Lessons I Took Away From 6 Months Abroad

If there’s one way to catapult yourself into a world of fast-paced, necessary learning, it’s by purchasing a one-way ticket abroad. That’s exactly what I did earlier this year. My six months abroad brought on plenty of memorable experiences, including many life lessons that I’ll never forget. Here are some of them: 1. Seemingly unfortunate […]

Women

10 Impossible-To-Prove Facts That Every Girl Will Swear By Religiously

Ladies – when we know, we know. We’ve gone through 20-something years of life, and have enough experience to be certain that, sometimes, a particular occurrence or result is unfailingly unavoidable. There’s no statistical evidence, and there are no written or codified laws proving these to be true. But when nearly all girls agree, and […]

Life

7 Facts Of Life In NYC You Should Know Before Moving In

Despite growing up in upstate New York and managing to make my way into New York City quite often, my recent move to The Big Apple was still quite overwhelming. One evening during my first week, a friend of mine who made NYC her home a few years prior, took my poor, still slightly terrified […]