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Trent Richardson says family, friends spent $1.6M of his money in 10-month span
Trent Richardson says family, friends spent $1.6M of his money in 10-month span

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Eric Edholm
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Aug 5, 2016, 10:52 AM
Just days after he was released by the Baltimore Ravens in what could be an NFL career-ending transaction comes more sad news with Trent Richardson.

The former No. 3 overall pick of the Cleveland Browns in 2012 told ESPN’s Shelley Smith on “E:60” that his family and friends spent $1.6 million of his money in a period between January 2015 and October in 2015.

During that time, Richardson was cut by the Indianapolis Colts and later by theOakland Raiders. He discovered that people were using his name to open accounts with Netflix (11 of them) and Hulu (eight) and even order bottle service by dropping his name at clubs, even though Richardson doesn’t drink.



“I finally just looked at my bank statement, and I was just like, ‘Where did this come from? Where did that come from?'” Richardson said. “And my guy was sitting there telling me, ‘Man, we was telling you.’ I know he was telling me, but that’s just like telling a kid to stop running in the hall. They’re going to still do it when you turn your back or you leave.

“It’s just one of them moments to where I was just blinded by my heart, by loving everybody and thinking that everyone was for me. I know they love me. I know they do care. But at the time, they took advantage of it.”
 

Absolut

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It's not funny, but it is basic financial skills and awareness. No reason not to look at a fukking bank statement or credit card statements once a week or at very least once a month, just to see what's going out
 

DropTopDoc

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It's not funny, but it is basic financial skills and awareness. No reason not to look at a fukking bank statement or credit card statements once a week or at very least once a month, just to see what's going out

Maybe to the avg, but if no one in your family prepared you for this, or you even know about this, how do you prepare for being 23 with millions of dollars to your name ??
 

Mensch Fontana

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It's not funny, but it is basic financial skills and awareness. No reason not to look at a fukking bank statement or credit card statements once a week or at very least once a month, just to see what's going out
He was never too aware to begin with
 

Absolut

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Maybe to the avg, but if no one in your family prepared you for this, or you even know about this, how do you prepare for being 23 with millions of dollars to your name ??
it aint rocket science to think about checking your account statements once in a while. thats as basic as it gets. "whats the charge from the club last friday night, i was home with the flu" and then tighten up access to your cards and account holdings. i can see some naivete in regards to investments/mutual funds or other things of that nature, but theres no reason any grown ass adult at any income level should be walking around ignorant to the debits and credits on a weekly and monthly basis on his banking and credit card statements
 
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pete clemenza

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I don't really get this article.. Did each of his family and friends have a debit card that is linked to his account or something? If he didn't psychically hand them money so how did everyone have access to his money? He said people used his name to buy bottle service at the club. How is that possible? You got to pay right there on the spot for bottle service.
 
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