Swindles & Scams | Sportswire Aug 20 2010
SCORING MACHINE
Federal prosecutors say defrauding clients out of two million bucks was a slam dunk for Jay Vincent.
Yesterday, former professional basketball player Jay Vincent, who played for the Dallas Mavericks, Los Angeles Lakers, and other teams during a nine year NBA career, was indicted on a variety of counts relating to an alleged scheme to defraud 20,000 job seekers. Vincent’s Foreclosure Bank Inspection, Co. offered people work nationwide inspecting homes that had been returned to bank ownership. His company took care of the necessary training for the job, but there was a catch—applicants had to pass a background check. These checks (which are constitutionally dubious, in our view, since they result in applicants being refused jobs for transgressions like having a poor credit score) cost upwards of eighty dollars, but once Vincent’s desperate applicants paid the fee, prosecutors say his company simply pocketed the money.

How much cash do they claim was made on this scam? Two million dollars. That’s a 2 with six zeros after it. If true, this is sad on two levels: first, that a former NBA player who probably had a thousand other opportunities went this route; and second, that jobseekers who were being crushed by a recession had no choice but to feed on the corpses of people who had already been crushed before them. Vincent has had no comment thus far, but his attorney has described the former basketballer as a “legitimate businessman engaged in legal activities”, which we think is like claiming to be a “legitimate cigarette marketing executive”, or a “legitimate geologist for a mining company that blows the tops off pristine Appalachian hills and dumps them in valleys, destroying wildlife and contaminating groundwater”. In other words, “legal” isn’t a synonym for moral—at least not in our book. But unfortunately, we didn’t write the book everyone else is playing by—Wall Street did. And it seems as if Vincent may have memorized it chapter and verse.     

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History Rewind
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1927—First Prints Are Left at Grauman's
Hollywood power couple Douglas Fairbanks and Mary Pickford, who co-founded the movie studio United Artists with Charlie Chaplin and D.W. Griffith, become the first celebrities to leave their impressions in concrete at Grauman's Chinese Theater in Hollywood, located along the stretch where the historic Hollywood Walk of Fame would later be established.
April 29
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During the last days of the Third Reich, as Russia's Red Army closes in from the east, Adolf Hitler marries his long-time partner Eva Braun in a Berlin bunker during a brief civil ceremony witnessed by Joseph Goebbels and Martin Bormann. Both Hitler and Braun commit suicide the next day, and their corpses are burned in the Reich Chancellery garden.
1967—Ali Is Stripped of His Title
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April 28
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1989—Soviets Acknowledge Chernobyl Accident
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