Dallas Cowboys legend Emmitt Smith is tangled in a Ponzi scheme that has created a legal battle between the Hall of Famer, a North Texas businessman and a foreign investment firm under fire from the U.S. government.
Smith, along with co-plaintiff Mark Page, says in a lawsuit filed in Dallas County Court that they were directed to invest at least half a million dollars in Traders Domain FX, a company being sued by the U.S. Commodity Futures Trading Commission.
They say Johnny Wimbrey, an associate of Smith, helped facilitate the investment along with others.
The lawsuit says Wimbrey, Traders Domain FX and others participated in fraud, unjust enrichment and conspiracy, among other things, according to a court document filed at the end of last year.
They are seeking no less than $