{"id":6111,"date":"2017-02-09T15:39:28","date_gmt":"2017-02-09T21:39:28","guid":{"rendered":"https:\/\/www.institutionalinvestorsecuritiesblog.com\/?p=1429"},"modified":"2017-02-09T15:39:28","modified_gmt":"2017-02-09T21:39:28","slug":"ex-financial-adviser-mike-tyson-glen-rice-dikembe-mutombo-pleads-guilty-criminal-fraud","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/ex-financial-adviser-mike-tyson-glen-rice-dikembe-mutombo-pleads-guilty-criminal-fraud\/","title":{"rendered":"Ex-Financial Adviser To Mike Tyson, Glen Rice, and Dikembe Mutombo Pleads Guilty to Criminal Fraud"},"content":{"rendered":"

\t\t\t\tBrian J. Ourand, a former Live Nation Entertainment and SFX Financial Advisory Management Enterprise executive, has pleaded guilty to wire fraud. Ourand admitted to embezzling almost $1M from heavyweight champion Mike Tyson, NBA basketball stars Glen Rice and Dikembe Mutombo, and another athlete.<\/p>\n

According to prosecutors, Ourand began defrauding clients in 2003. They say that he used the funds to pay for hotel stays, tanning sessions, gambling activities, private school tuition for a girlfriend\u2019s relative, and other expenses. <\/p>\n

Ourand was charged in 2015 with multiple criminal counts, including wire fraud, mail fraud, and aggravated identity theft. As part of his plea agreement, the former financial adviser will repay the money he stole from the athletes.<\/p>\n

Continue Reading \u203a<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Brian J. Ourand, a former Live Nation Entertainment and SFX Financial Advisory Management Enterprise executive, has pleaded guilty to wire fraud. Ourand admitted to embezzling almost $1M from heavyweight champion Mike Tyson, NBA basketball stars Glen Rice and Dikembe Mutombo, and another athlete. According to prosecutors, Ourand began defrauding clients in 2003. They say that […]<\/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":[2731,2732],"class_list":["post-6111","post","type-post","status-publish","format-standard","hentry","category-securities-fraud","tag-mike-tyson","tag-professional-athletes"],"yoast_head":"\nEx-Financial Adviser To Mike Tyson, Glen Rice, and Dikembe Mutombo Pleads Guilty to Criminal Fraud — Investor Lawyers Blog — February 9, 2017<\/title>\n<meta name=\"description\" content=\"Brian J. Ourand, a former Live Nation Entertainment and SFX Financial Advisory Management Enterprise executive, has pleaded guilty to wire fraud. 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