Former Washington Redskins running back Clinton Portis contemplated killing one of his former financial managers after losing millions of dollars in various investments, helping to wipe out part of his NFL fortune.
In a story published by Sports Illustrated, Portis recounted a night four years ago in which he sat in a car outside a building, holding a gun and awaiting one of the managers he felt had ruined him financially. Portis had made $43.1 million in his nine-year NFL career, but most of it had either been spent or lost through investments or, as one lawsuit asserted, bank withdrawals without his consent.
An anonymous friend, a television producer who had been trained as a family therapist, talked him out of committing murder. But Portis said he went there, sitting in his car late at night outside a building in Washington, D.C., with one purpose.
“It wasn’t no beat up,” Portis told Sports Illustrated. “It was kill.”
The story does not specify whom Portis was awaiting that night in 2013, saying he was looking for one of several managers who had handled his funds.
But Portis told the publication that if he had seen the person before settling down: “We’d probably be doing this interview from prison.”
Portis had filed multiple lawsuits against financial adviser Jeff Rubin and his associates from 2011 to 2013, focused in part on a $1 million investment in a southern Alabama casino. Also, according to Sports Illustrated, the suit contends that Rubin’s company opened an account for Portis at BB&T BankAtlantic with a forged signature. That led to withdrawals of more than $3.1 million without Portis knowing, according to the suit. He lost more money in a Ponzi scheme by Success Trade Securities that Portis says he was talked into by another manager, Jinesh Brahmbhatt.
The former managers lost their privileges to work in the financial sector but didn’t face prosecution, which made Portis furious.
“No jail time, no nothing,” Portis told Sports Illustrated….