{"id":5830,"date":"2015-07-14T00:00:00","date_gmt":"2015-07-14T05:00:00","guid":{"rendered":"https:\/\/institutionalinvestorsecuritiesblog.blawgcloud.com\/2015\/07\/30m_fraud_that_bilked_nhl_play"},"modified":"2022-05-06T15:57:50","modified_gmt":"2022-05-06T20:57:50","slug":"30m-fraud-that-bilked-nhl-play","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/30m-fraud-that-bilked-nhl-play\/","title":{"rendered":"$30M Fraud that Bilked NHL Players Leads to Guilty Convictions"},"content":{"rendered":"<p>A federal jury has found two men accused of running a <a href=\"https:\/\/www.investorlawyers.com\/\">financial scam<\/a> that bilked investors, including several National Hockey League players, of $30 million guilty of money laundering, conspiracy, and wire fraud. The trial against Phillip Kenner, an Arizona financial adviser, and Tommy Constantine, a former professional race car driver, lasted ten weeks.<\/p>\n<p>According to prosecutors, from 2002 to 2013, Kenner convinced at least 13 NHL players to invest $100,000 in a Hawaii real estate development. He met the players through a college friend who was drafted by the league.<\/p>\n<p>He and Constantine stole the players&#8217; money, causing $13M in losses. They used the funds to pay for their lavish lifestyles.<\/p>\n<p>The two men, in a second scam, convinced many of the same hockey players to invest $1.4M in Eufora, a prepaid debit card business owned by Constantine. This money went into bank accounts controlled by the two men.<\/p>\n<p> <a href=\"https:\/\/www.investorlawyers.com\/blog\/30m-fraud-that-bilked-nhl-play\/#more-5830\" class=\"more-link\">Continue Reading \u203a<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A federal jury has found two men accused of running a financial scam that bilked investors, including several National Hockey League players, of $30 million guilty of money laundering, conspiracy, and wire fraud. The trial against Phillip Kenner, an Arizona financial adviser, and Tommy Constantine, a former professional race car driver, lasted ten weeks. According [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3741],"tags":[],"class_list":["post-5830","post","type-post","status-publish","format-standard","hentry","category-securities-fraud"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>$30M Fraud that Bilked NHL Players Leads to Guilty Convictions | Broker Fraud Lawyers<\/title>\n<meta name=\"description\" content=\"A federal jury has found two men accused of running a financial scam that bilked investors, including several NHL players, of $30 million guilty.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.investorlawyers.com\/blog\/30m-fraud-that-bilked-nhl-play\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"$30M Fraud that Bilked NHL Players Leads to Guilty Convictions | Broker Fraud Lawyers\" \/>\n<meta name=\"twitter:description\" content=\"A federal jury has found two men accused of running a financial scam that bilked investors, including several NHL players, of $30 million guilty.\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shepherd Smith Edwards &amp; Kantas, LLP\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"$30M Fraud that Bilked NHL Players Leads to Guilty Convictions | Broker Fraud Lawyers","description":"A federal jury has found two men accused of running a financial scam that bilked investors, including several NHL players, of $30 million guilty.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.investorlawyers.com\/blog\/30m-fraud-that-bilked-nhl-play\/","twitter_card":"summary_large_image","twitter_title":"$30M Fraud that Bilked NHL Players Leads to Guilty Convictions | Broker Fraud Lawyers","twitter_description":"A federal jury has found two men accused of running a financial scam that bilked investors, including several NHL players, of $30 million guilty.","twitter_misc":{"Written by":"Shepherd Smith Edwards &amp; 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