LaVar Ball Sued For Diverting And Spending Company Money To Fund Extravagant Lifestyle
Ever since BBB co-founder, Alan Foster, allegedly stole $1.5 million from the Ball family brand, leading to Lonzo Ball cutting ties with his father’s company, it has been awfully quiet around the brand.
While LaVar Ball said that everything is good, the company hasn’t advertised merchandise since March 22. They also haven’t posted on social media in the past couple of months.
On top of that, Big Baller Brand’s official website has been ‘under construction’ to ‘be back soon’ for the better part of the past months. With Lonzo cutting his ties to the brand, BBB seems to be done, for good.
But the trouble might only begin for LaVar, as his former partner, Alan Foster, has sued the ‘Big Baller’, for diverting and spending company money, to fund his own extravagant lifestyle. Foster is accusing LaVar of embezzling over $2.5 million from the family-owned companies and exploiting his own children for personal wealth and fame.