Scottie Pippen wins $2.37M judgment over airplane dealPosted by Inside Hoops
Former NBA basketball star Scottie Pippen has won a $2.37 million judgment against a Miami businessman, Craig Frost, and a Miami company, CF Air.
Pippen, who has a home in Fort Lauderdale, and his wife, Larsa Pippen, filed suit against Frost in 2007 regarding Pippen’s disastrous ownership of his own airplane through a company called Air Pip.
The St. Louis Post-Dispatch reported that Air Pip had fallen apart in 2004, and Pippen lost a related $5 million judgment in Missouri to U.S. BankbizWatch . Pippen lost a further appeal of that judgment in 2007.
Pippen tried to argue that he was a victim of a conspiracy by those he trusted to put together the airplane deal.
– Paul Brinkmann of the South Florida Business-Journal