A couple who were awarded a hefty settlement following a car wreck in 2013 have sued former professional basketball star Elliott “Dale” Davis in a Georgia trial court, claiming he cheated them out of more than $1.1 million in the guise of serving as their investment counselor.
According to a complaint filed recently in Cobb County Superior Court Davis—a onetime NBA All Star who played center and power forward for the Indiana Pacers, Portland Trail Blazers, Golden State Warriors and Detroit Pistons before retiring in 2007—used his position as a financial consultant to fleece the couple by prodding them to invest in multiple projects over a period of several years with very little return on their money.
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