Tuesday , Aug , 26 , 2008 C.Y. Ellis

Lindsey Hunter Implicated in Alleged Real Estate Scam


Lindsey Hunter Implicated in Alleged Real Estate ScamThe FBI is investigating whether Pistons guard Lindsey Hunter and business associates duped a $35,000-a-year boiler operator for Pontiac Public Schools into buying a $1.25-million house in Bloomfield Hills that he couldn’t afford, the man’s lawyer said Monday.

Attorney Michael J. Smith of Sterling Heights said his client, Bruce McClellan of Waterford Township, recently told the FBI that Hunter and Iron Johnson, Hunter’s partner in L&I Enterprises, promised to pay him $300,000 in 2007 to buy the house in the 1700 block of Morningside Way. The deal called for McClellan to hold the house for one or two months until it could be purchased by someone else.

But the purchaser never materialized, McClellan never got his $300,000, his excellent credit rating is ruined and the house went into foreclosure, McClellan told the FBI.

Detroit Free-Press
Does this sound like something Hunter could have done?  Would a conviction here affect his NBA status?  Could the league take action to punish him if found guilty?  Drop your thoughts in the comment box below.