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Old 08-23-2013, 01:29 PM   #1
hawke812
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Default Heat players allegedly lost money to con man

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Former Heat guard Mike Miller is the only player publicly identified as a victim of the scam so far.

Alleged con man Haider Zafar ripped off former Miami Heat guard Mike Miller along with several other Heat players, according to Kathy Lynn Gray of the Columbus Dispatch.

Zafar is currently awaiting trial for swindling a businessman out of $10 million in a real-estate scheme. A witness in federal court in Columbus Thursday said Zafar also ran an investment scheme in Florida that conned Miller, other Heat players and some Florida residents out of $8 million.

The witness, international-investment attorney Andrew Fine, said he questioned Zafar about the money that had been invested. Zafar responded by saying, "They can't touch me in Pakistan."

Zafar has been in custody since his May 25 arrest by the IRS at Port Columbus. He was indicted in June on 118 counts of wire fraud, 13 counts of money laundering, one count of false income-tax return and three counts of failing to file income-tax returns.

Zafar, originally from Pakistan, will not be released on bond because he's been ruled a flight risk and poses danger to the community.

http://www.sbnation.com/nba/2013/8/2...-money-con-man

If a deal sounds too good to be true, it probably is.
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Old 08-23-2013, 01:31 PM   #2
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Default Re: Heat players allegedly lost money to con man

volcano insurance doesn't exist in Florida!!!!
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Old 08-23-2013, 01:33 PM   #3
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Default Re: Heat players allegedly lost money to con man

You'd figure one of the few white people on the Heat would be smart enough to not be apart of a scam.
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Old 08-23-2013, 01:42 PM   #4
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Default Re: Heat players allegedly lost money to con man

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Originally Posted by CanYouDigIt
You'd figure one of the few white people on the Heat would be smart enough to not be apart of a scam.

So mean
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Old 08-23-2013, 01:49 PM   #5
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Default Re: Heat players allegedly lost money to con man

Ah, man. The guy just had to be Pakistani, huh?
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Old 08-23-2013, 02:11 PM   #6
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Default Re: Heat players allegedly lost money to con man

Grizzlies player now
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Old 08-24-2013, 02:44 AM   #7
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Default Re: Heat players allegedly lost money to con man

Quote:
Originally Posted by CanYouDigIt
You'd figure one of the few white people on the Heat would be smart enough to not be apart of a scam.

him and birdman are only white on the outside
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Old 08-24-2013, 02:45 AM   #8
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Default Re: Heat players allegedly lost money to con man

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Originally Posted by Scholar
Ah, man. The guy just had to be Pakistani, huh?

Za far, so good
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Old 08-24-2013, 02:47 AM   #9
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Default Re: Heat players allegedly lost money to con man

Dear pro sports athletes ...

Invest 60% of your money into a mutual fund that is primarily made up of the big Dow/Nasdaq companies in it.

Invest another 20% in another comparable fund.

Invest the other 20% in treasury bonds.

They may not be the sexiest investments, but your ass ain't going to be broke by the time you're 35 either.
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Old 08-24-2013, 02:58 AM   #10
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Default Re: Heat players allegedly lost money to con man

No wonder they amnestied him. He probably introduced them to the other players and scammed those other guys.
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Old 08-24-2013, 07:19 AM   #11
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Default Re: Heat players allegedly lost money to con man

Quote:
Originally Posted by Soundwave
Dear pro sports athletes ...

Invest 60% of your money into a mutual fund that is primarily made up of the big Dow/Nasdaq companies in it.

Invest another 20% in another comparable fund.

Invest the other 20% in treasury bonds.

They may not be the sexiest investments, but your ass ain't going to be broke by the time you're 35 either.

And live off the remaining 0 % .. Sound investment advice from ISH Joe Schmoe.
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Old 08-24-2013, 07:29 AM   #12
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Default Re: Heat players allegedly lost money to con man

Quote:
Originally Posted by Soundwave
Dear pro sports athletes ...

Invest 60% of your money into a mutual fund that is primarily made up of the big Dow/Nasdaq companies in it.

Invest another 20% in another comparable fund.

Invest the other 20% in treasury bonds.

They may not be the sexiest investments, but your ass ain't going to be broke by the time you're 35 either.

So invest 100% of your money?
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Old 08-24-2013, 07:45 AM   #13
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Default Re: Heat players allegedly lost money to con man

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Originally Posted by branslowski
So invest 100% of your money?
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Old 08-24-2013, 09:27 AM   #14
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Default Re: Heat players allegedly lost money to con man

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Originally Posted by branslowski
So invest 100% of your money?



ISH idiots
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Old 08-24-2013, 11:39 AM   #15
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Default Re: Heat players allegedly lost money to con man

Quote:
Originally Posted by branslowski
So invest 100% of your money?
I think he's talking about the extra money that your'e trying to invest.

If not,
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