//www.oursportscentral.com/boards/ ... hp?t=17867
Still, I always thought it was odd that the Mariners never announced their regular season attendance; never gave out any numbers at all until they started to get bigger crowds in the playoffs. If it had simply been a matter of hiding cash shortfalls, then at least at the end a bankruptcy court would be trying to preserve the value of the asset to sell to a new investor. But if the team was not just bought but kept going with embezzled cash, then this investigation will have to get into every detail of operations and everyone who made the Mariners 16-0 will go their separate ways.
A Potomac man was charged with wire fraud of $1.6 million from his mechanical engineering firm.
Dwayne Wells, 50, created several corporations in which he embezzled money from Ryco Associates in Laurel, of which he has been a part-owner since 2006, according to an affidavit filed in support of a criminal complaint filed in U. S. District Court in Greenbelt on Thursday.
Wells used $109,500 from 2009 to 2010 to acquire an ownership interest in the Baltimore Mariners, an indoor football team that won the American Indoor Football Association championship in July after an undefeated season. He also spent $18,000 on arena expenses for the team using Ryco funds, and approved $1,000 to the Baltimore Blast Cheerleaders, according to the affidavit.
No one could be reached from the Baltimore Mariners, and a woman who answered the phone at Ryco Associates had no comment. Calls to Wells' home were not returned.
Wells is also accused of using stolen money to buy interest in The Nest restaurant in Baltimore, travel expenses for him and his wife, and thousands of dollars to an adult-entertainment establishment in Baltimore, according to the affidavit.
Between 2008 and 2010, Wells created the Baltimore Entertainment Group, DAD Group LLC, and BRIG LLC in which he embezzled a total of $890,995. The affidavit said DAD stands for "Drinkers and Dreamers" and "BRIG" stands for "Boys Ravaging Innocent Girls."
He also authorized $441,384 in payments from Ryco to himself.
His initial court appearance is scheduled for 3:45 today.
The likelihood of Mariners' equipment being seized makes a third scenario, another preexisting team moving to Baltimore with its equipment, a more viable option. What could a Harrisburg or a similar franchise do with fans now primed to support indoor football as opposed to the few fans in their current markets?
I hear what you're saying, but Harrisburg never tried to build a fan base, yet Baltimore worked overtime to build theirs. Question is if Harrisburg or the like moves in, how long will the fan base remain loyal if no marketing.