Feds Investigating Alleged Money Laundering By Former Kings' Executive

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The FBI and federal prosecutors are investigating Jeffrey R. David, 44, the former chief revenue officer for the Sacramento Kings who currently holds the same position with the Miami Heat. David allegedly diverted $9 million from the Golden 1 Credit Union and another $4.4 million from the Kaiser Permanente Foundation. David's position with the Kings was eliminated on June 1st and joined the Heat as chief revenue officer in July. No criminal charges have been filed in the case, which was referred to federal investigators by the Kings a week ago.

You can read the full article here:
https://www.sacbee.com/news/business/article217549340.html

Crazy that he thought you would be able to away with something like that. Glad to hear he's not with the team anymore and I'm sure the Heat will be looking into him very closely now.
 
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