Emmitt Smith accused of conning Native American investor out of $2.5M in solar farm deal
Emmitt Smith and others are accused of conning a Native American investor out of $2.5 million in an alleged solar farm scheme described as a "Ponzi scheme."
TL;DR
- Emmitt Smith is accused of defrauding Kituwah LLC, an investment sector of the Band of Cherokee Indians, out of $2.5 million.
- The lawsuit alleges the money was loaned for a solar farm project named Project Exodus.
- Kituwah LLC claims they have not received any returns on their investment, which is over two years past due.
- The investor alleges that the loaned money was used to pay back a separate company that had previously invested in the project.
- Kituwah described the alleged scheme as similar to a Ponzi scheme, citing false projections and data.
- Kituwah is seeking at least $2.5 million in damages, plus interest and costs.