Kevin Garnett is suing an accountant and his firm, alleging they helped a wealth manager steal $77 million from his NBA fortune.
The retired Minnesota Timberwolves and Boston Celtics star alleges in a federal malpractice lawsuit that Kentucky-based accountant Michael Wertheim and Welenken CPAs enabled Charles Banks IV of Atlanta to defraud Garnett through businesses in which Garnett and Banks shared an interest.
The lawsuit contends Wertheim ‘possessed actual knowledge that Banks was helping himself to millions of dollars of Garnett’s money and did nothing about it.’