AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Byline: Mike Bianchi
ORLANDO, Fla. _ Running off at the typewriter . . .
Obviously, much either has slipped through the investigative cracks or been brushed under the rug during Florida State's handling of the Adrian McPherson gambling case, but how do you explain this one:
Bobby Bowden reportedly invested $1.6 million with his son, Steve, who pleaded guilty to fraud this week for swindling millions from investors, including his own father. But did you see one of the ventures that Bobby and the other clients were investing in? According to published reports, investors were lured into the Millennium Fund, which was billed as a developer of_are you ready for this? _ offshore gambling casinos. How ironic that McPherson allegedly ran up $8,000 in debt while placing bets with an, um, offshore gambling service.
Questions abound: Has Bobby entrusted too much of his football and financial success to his sons_Steve and Jeff? Did Bobby know where his $1.6 million was going to be invested? Did FSU investigator Bob Minnix look into the investment and say, "I can't find a thing wrong with it"?
In all seriousness, I don't think there's any way Bobby knew of the alleged tie to gambling, but he's fortunate the investment opportunity actually turned into a fraud. He may be out $1.6 million, but can you imagine the embarrassment if McPherson had been booted for gambling at the same time his coach had sunk nearly $2 million into gambling casinos?
Hey, come to think of it, maybe this explains why McPherson was not kicked off the team even after the initial allegations of betting had surfaced: Did Bobby need an experienced consultant for his overseas gambling operations?