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Old 09-19-2007, 12:08 PM   #1 (permalink)
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Default Steelers' Ward, associate accused of taking money

Steelers' Ward, associate accused of taking money
By Bobby Kerlik
TRIBUNE-REVIEW
Wednesday, September 19, 2007


A business associate of Hines Ward has accused the Steelers receiver and another associate, who together own a South Side bar, of removing money from the business and insurance fraud.
Ward owns the Locker Room Bar & Grille, which opened in December 2005 on East Carson Street, along with Kimberly Pitts and Nicholas Lettieri.

Court documents reveal an ugly legal battle over the bar's bank accounts, accounting books and insurance claims between the owners.

Specifically, Lettieri leveled accusations in court documents that Pitts, her husband, Korry Pitts, and Ward failed to deposit cash receipts into the company accounts and have diverted the funds to their own personal bank accounts. Lettieri states that despite profits of more than $1 million and insurance money of $500,000, the company's bank accounts totaled less than $19,000 as of last week.

FULL STORY
Steelers' Ward, associate accused of taking money - Pittsburgh Tribune-Review
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Old 09-19-2007, 12:23 PM   #2 (permalink)
InfinitePulse
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That doesn't even make sense. Ward is a millionaire isn't he?
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Old 09-19-2007, 01:52 PM   #3 (permalink)
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stuff like this happens alot actually.....lol though...wtf?

and yeah ward recieved an astronomical signing bonus in 05
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