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The University of South Carolina has cut ties with embattled former football star Rob DeBoer, who finds himself on the wrong end of a federal lawsuit for his role in the online music retailer BurnLounge. Investigators claim the site is a front for a “classic pyramid scheme.”
And according to The State, DeBoer has agreed to step down as South Carolina’s sideline reporter.
DeBoer, who lettered in football and baseball at USC from 1990-94, last week agreed to turn over his financial records and freeze his bank accounts in an injunction filed in Los Angeles. DeBoer was sued by the Federal Trade Commission in June for allegedly making misleading statements about the income investors made with BurnLounge, which allowed music aficionados to open digital stores and sell music.
Learfield Sports president Greg Brown, whose company shares USC’s media rights with ISP Sports, said the firms — known as Gamecock Sports Properties — requested DeBoer relinquish his sideline duties pending the FTC suit.
Brown said officials do not plan to take action against USC radio play-by-play announcer Todd Ellis, the former Gamecocks’ quarterback who was involved in BurnLounge, but is not named in the suit.
“I think that Todd Ellis has a different place in that investigation than Rob DeBoer,” Brown said Monday.
Reached via e-mail, DeBoer declined to comment. Attempts to reach Ellis were unsuccessful.
“Rob has done a good job on the work he’s done for us. If things like this happen, it’s never any fun to have those conversations,” Brown said. “I wouldn’t want to characterize how he felt or what he felt. … But I think he understood that the matter had to be cleared up before we could continue.”
Brown would not speculate on a possible replacement for DeBoer, who was an independent contractor with Gamecock Sports Properties. [JOSEPH PERSON - The State]
Photo: The State
Another example of “Guilty until proven innocent” Lot of that going around these days.
Another example of a scam artist getting what he deserves. We reap what we sow.
Goodbye Rob DeBoer, say hi to Buh Buh for me from your cell in prison.
My only question is how does Todd Ellis sleep at night? The guy was in this thing and was a big part of the DeBoer downline’s story of why this thing was legitimate. If you asked if this was legal, they’d say, “Todd Ellis is a lawyer. He says it’s legal, so it must be. Do you think he’d be involved if it wasn’t?”
It appears that DeBoer will lose the fortune he made (over $1.2M) , plus more, as he should. Ellis, according to his quotes to Ron Morris, has no plans to giving the money back that he made – even though he scammed it from friends/family and their friends/family. His justification was that people who were in it for less than a year couldn’t have lost more than $800 each.
I guess if you think that way, this wouldn’t bother you. I guess I answered my own question. Thanks for listening.
Nate
POOR POOR PEOPLE. YOU HAVE NO IDEA ABOUT DOLLAR AMOUNTS OR WHAT DEBOER WILLHAVE TO PAY IF ANYTHING. THIS IS NOT A CRIMINAL CASE IT IS A CIVIL CASE. YOU SHOULD HATE IT THAT THERE WER NO COMPLAINTS ABOUT THIS COMPANY AND THE FTC IS HAPPLIY SPENDING MILLIONS OF YOUR DOLLARS. WAY MORE THAN ANYONE SO CALLED SCAMMED FROM ANYONE. HOW DO YOU SCAM SOMEONE WITH A 100% REFUND POLICY?
Why are you SCREAMING???
Ask this guy if it’s a scam or not:
http://tinyurl.com/23dy3w
This case is clearly a pyramid scheme. I have no sympathy for such. It should be
both criminal and civil. I have nothing against Rob, but I feel that the
individuals on the top end of this enterprise cannot refute the accusation. I am
on the outside looking in, which is not a good way to pass judgment on law.
However, unless some additional evidence or facts are presented, it reeks of
the pyramid loop.
Answer me this. How can a guy admit to spearheading a pyramid scheme, take hundreds of thousands of dollars and not be indicted on anything criminal? Are pyramid schemes not against the law?