Fat Joe Sues Tax Firm For Alleged Ponzi Scheme

Fat Joe is suing his Chicago-based accounting firm, claiming it was running a Ponzi scheme that misappropriated his funds and those of some MLB players, too. Joe claims tax hub BDO, its longtime CPA Andre N. Chammas and his assistant Vanessa Rodriguez defrauded him in several ways. oe noticed some accounting irregularities after Rodriguez was fired in July and he says things really didn't add up when he started taking a closer look oe says his wife Lorena's name was used to open AMEX accounts and make huge unauthorized purchases, including $40K in charges for Uber rides and UberEats deliveries, as well as tuition payments for Rodriguez's daughter. Joe also claims he discovered one of his entities, Sneaker Addict Touring, was missing large deposits to the tune of more than $300K. He says there were similar irregularities with other entities. As for the Ponzi part of the alleged scheme Joe claims the firm also defrauded Jose Iglesias of Colorado Rockies, Luis Garcia of the Houston Astros and former Chicago White Sox player Dayan Viciedo. In the suit, he says AMEX accounts were opened under their names as well, and the money flowed between all of their accounts to keep the Ponzi going. The players are not plaintiffs in the suit, and Joe makes it clear he feels they were victims just like himself.

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