A friend of mine called my attention to this weird story. There is a former pro basketball player named Jay Vincent. Obviously he has not been in the pros for awhile since he is 51 in people years.

However, he and some friends came up with this internet scam that apparently made them two million bucks. It involved getting people to sign up to be home inspectors who were, in theory, certified to do bank foreclosure inspections. They took people's money apparently, but they had no work to pass on. He got caught.

You can read the story here.

You would think that someone with that much fame could get a job that was legit.

        

        

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Post is included in group: Home Inspectors across the country
Post is included in group: Puget Sound - WA Real Estate

3 Comments on I Guess The NBA Does Not Pay Enough

SEP
29
2010
299,351 Points 1 Featured Post Outside Blog Called Shot Master

You would think being on 6 teams in the 80's and averaging 15 pts. he would have invested wisely.

maybe he should have had someone inspect his investment strategy.

Enjoy the day
11:58am • #1
465,341 Points 8 Featured Posts Outside Blog Called Shot Master

That is such a sad thing for him to do. I can't see how anyone can steal money in such a manner.

As for investing...he most likely loaned a good chunk of the monies he made to family and spent the rest like crazy.... That is what most likely would have happened to me...I think.

Coming to you from Texas,,,
2:18pm • #2
973,576 Points 349 Featured Posts Attended Rain Camp Called Shot Master

His lawyer still didn't admit it in the end!  He was conducting legitimate business...  sheesh...
10:28pm • #3

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Steven L. Smith, Bellingham WA Home Inspector

Bellingham, WA

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King of the House Home Inspection, Inc

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Steven L. Smith, King of the House Home Inspection, provides information for real estate buyers, sellers and real estate industry professionals. Blog posts emphasize issues commonly found in Bellingham, WA and Whatcom County. Smith is Washington State Licensed Home inspector #207, a state licensed structural pest inspector and one of the most experienced inspectors in the northwest corner of the Pacific Northwest. Steven L. Smith is lead instructor of home inspection at Bellingham Technical College and teaches classes for Washington State University and the Washington State Department of Agriculture. Steve was a two-term member of the state licensing board.


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