Football Investors Take on Crue Rocker Vince Neil

[Fran]

http://www.courthousenews.com/2015/12/1 ... e-neil.htm

Motley Crue lead singer Vince Neil helped defrauded investors in the ill-fated Las Vegas Outlaws Arena Football League franchise, which folded in August, an investment group claims in court.
Outlaws Investment Group and Sohrob Farudi sued Rockstar Investment Group, two other Rockstar entities, Neil and two other men on Friday in Clark County Court.
Farudi claims the defendants told him the deal to take over the team was fully funded with $3 million, but he after he gave them $500,000 for shares in Rockstar Sports Group, which would own and operate the team, he learned they still owed the AFL $2.5 million.

[suge night]

Now on this very message board there are always those quick to nail the lower level league ownerships to the cross, for what is claimed as underfunding and I'm not saying its not unfair when you have all the details but as you can see if you pull back enough layers those whom are thought to spend all of their funds into this are not so quick to do that either, this act claimed in the report would be fraud by almost any state statue if it plays out into court, but if they still owed 2.million they were essentially allowed into the league on face value alone and this goes on more than outsiders think.....

[preeths]

Weren't there rumors even before the 2015 season began that the AFL was going to pull the Las Vegas franchise because it was not current on its league obligations?