Nick Cannon Loses $15K In NBA Scam

Nick Cannon and former NFL players Charles Woodson, Warren Moon and Jarvis Green were hit with a costly okey-doke after a scammer robbed them of thousands of dollars in an NBA scam, according to NBC News.

George French Jones, 45 is being investigated after an 11-count criminal complaint was filed against him in the Los Angeles Superior Court. Luring these stars into large payouts with NBA ownership pipe dreams, Jones received $15,000 from Cannon as a faux investment in the Atlanta Hawks. He also allegedly got $25,000 from Green and $50,000 from Woodson. Charges against him include fraud, grand theft and identity theft.

The FBI began their investigation on Jones after NBA and Miami Heat representatives alerted them to his attempted bamboozling of “several NBA and NFL athletes.” He was arrested on Feb. 21 and is due back in court on March 12.