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Former slugger Sammy Sosa scammed out of 21.3M euros by Germans

Santo Domingo.- Former Major League slugger Sammy Sosa was swindled out of  21.3 million euros by a Germans couple which allegedly provided loans in the millions, outlet reports.

The German spouses were arrested in their country and face trial before judge John Ballis, who’s “convinced of the of the couple’s guilt.”

Newspaper Augsburger Allgemeine reports that Sosa was seeking funding to build housing projects in Panama, when he met the alleged scammers.

According to the court filing, the couple had allegedly promised Sosa to multiply his profits in 10 months and raise to 300 million euros through numerous transactions.

Sosa reportedly fronted the 21.3 million euros to close the deal in September 2014.

The accused man, 60, is a former stock trader who declared bankruptcy in 1987 after aggressively speculated with the New Zealand currency.

His wife meanwhile, is a 49 year-old mother of six, was previously a civil servant and was recently a financial consultant.

Source: DT

Sep 9, 2016

Category: DR News |

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Last updated March 25, 2017 at 5:40 PM
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