Just days after winning the Super Bowl, Baltimore Ravens star receiver Anquan Boldin is being grilled in the office of a Boca Raton lawyer this afternoon.
Boldin’s deposition is in connection with a lawsuit against a company accused of running a giant Ponzi scheme in which as much as $30 million may have disappeared.
Boldin, 32, who played his high school ball in Pahokee before going to Florida State, was expected at the office of attorney Michael Simon at 1 p.m. for the questioning.
According to court records obtained exclusively by Gossip Extra, Boldin put $250,000 of his own money into the Palm Beach County-based Hawk Systems Inc. in 2008 to become a shareholder.
Company officials then used Boldin’s name to lure other NFL players into investing. Among them: Former Washington Redskins defensive back Phillip Buchanon, former Pittsburgh Steelers Bryant McFadden and current Pittsburgh defensive back Ike Taylor.
Thing is, a former Hawk Systems director is now accusing company founder David Coriaty, a former strip bar bouncer and bodyguard, of using the investors’ money to fund gambling jaunts in Las Vegas, among other expenses.
“There’s no evidence that Anquan did anything wrong,” said Mark Spanakos, the former director and a plaintiff in four lawsuits against Hawk Systems. “Actually, he could be a victim, too. But that’s what we want to find out in the deposition. We’d like to find out what Anquan’s relationship with the company’s owner was.”
Spanakos, a New York commodities trader who lost the $4 million he poured into in Hawk Systems, said the company was to manufacture security systems activated through fingerprints. However, it never made money selling the biometric devices.
In 2010, the players’ involvement with Hawk spurred the NFL to issue a fraud alert to its players.
The memo asked players who invested into Hawk to conduct an audit, and warned that the company “may be under investigation by law enforcement authorities for questionable business practices” and “may be targeting current and/or retired NFL players as potential investors.”