A former MLB participant and his spouse had been scammed out of $325,000 after they invested the cash with a “pal” who promised them an eight-figure return in lower than a yr.
Todd Hollandsworth, who performed 12 seasons within the MLB, and his spouse Marci gave the cash to Lonni and Misty Moss underneath the guise of a “private relationship” following their “continued stress and assurances,” in keeping with a lawsuit considered by The Submit.
The Hollandsworths signed an “Funding Contract” on Feb. 28, 2022, anticipating a minimal return of $12.5 million paid out in month-to-month funds over 10 months.
WPLG was the first to report the lawsuit, which was filed on July 24.
The contract was with an organization known as Arpad, LLC, which the Hollandsworths declare they by no means heard of till the contract was introduced to them.
They nonetheless entered the settlement due to their relationship with Lonnie Moss and assurance of the returns.
Arpad allegedly didn’t make the primary month-to-month cost, the place the Hollandsworths started to query Moss who stated the funds had been delayed and “could be coming shortly.”
After a number of months with out funds, Moss allegedly informed the couple that he and his spouse had been looking for “different avenues to acquire the promised returns.”
The lawsuit alleges the Mosses and Arpad didn’t make investments the $325,000 and as an alternative “took the funds and absconded with it for his or her private profit.”
“In consequence the (Hollandsworths) by no means obtained any funds in anyway associated to the Funding Contract,” the submitting states.
The couple accused Lonnie and Misty Moss of fraud and piercing the company as Arpad was their alter-ego as they’ve “co-mingled” company property with theirs.
They’re looking for almost $1 million in damages within the civil go well with, which claims fraud, civil theft and breach of contract.
Lonnie Moss was arrested and booked into Broward County Jail on Thursday and charged with first-degree grand theft and cash laundering.
He was launched Friday evening following an look in court docket the place he was handed a $250,000 bond.
No prison expenses had been pending for Misty Moss, in keeping with court docket data and WPLG.
Hollandsworth performed for the Los Angeles Dodgers the place he was named the Nationwide League Rookie of the 12 months in 1996.
He spent six seasons with Los Angeles and he was traded to the Rockies in 2000 and later the Rangers in 2002.
Hollandsworth signed with the then-Florida Marlins the place he appeared in 93 video games en path to the franchise’s second World Sequence ring.
He completed his profession enjoying for the Chicago Cubs, Atlanta Braves, Cleveland Indians and Cincinnati Reds earlier than retiring in 2006 and turning into a baseball broadcaster.
The 51-year-old shares 4 kids together with his spouse.
