Posted by Sabrina B. @gametimegirl Times are tough for business owners both big and small in 2011, and Basketball Hall of Famer Julius Erving is no exception. The former Philadelphia 76ers legend is being sued for nearly a quarter of a million dollars after an investment in a golf club went belly-up.
NBA: Julius Erving accused of defrauding woman
Posted by Sabrina B. @gametimegirl Basketball legend Julius “Dr. J” Erving was facing legal action Saturday for allegedly cheating a wealthy Manhattan woman out of more than $420,000 in a deal with crooked money manager Kenneth Starr. Mary Gilbert’s suit — which charges Erving with breach of contract and fiduciary duty — seeks payment of all her lost profits, along with “prejudgment interest” and punitive damages.
