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Jason Taylor Investment Broker

Ran Off With

$275,000 of My Money!

11/27/2011 6:30 AM PST BY TMZ STAFF

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Jason Taylor has made a living out of chasing down quarterbacks -- now the NFL star is trying to chase down the man he says bilked him out of more than a quarter of a million dollars!

According to a lawsuit filed back in August, Taylor claims he gave $500,000 to a man named Eric Kim, who told Taylor he was an experienced securities investor. Taylor alleges Kim promised to invest the money on Taylor's behalf, and would do so without charging any fees ... except for 10% of whatever profits he made.

But alas ... Taylor says from August 2009 until March 2011, Kim "misappropriated" $275,269.10 of the money Taylor gave him. According to Taylor, Kim wrote 37 checks from the account he set up with Taylor's money ... 32 of which were either made out to Kim himself or to his good friend "cash."

Taylor is suing for fraud, among other things, and is looking for his money back, plus costs.

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Kim's lawyer denies all of Taylor's claims, and tells TMZ, "Jason's lawsuit is another example of a celebrity who is unable to handle his money and a friend who attempts to assist him at his request, who now gets blamed for poor results ... We look forward to all of the facts of this matter coming out in the courts or an arbitration tribunal."

For more sports stories, check out tmzsports.com!
26 COMMENTS

No Avatar
1.

AyeJay    

Wow, he's beautiful.

1062 days ago
2.

amazon_woman    

Hope he gets his money back.

1062 days ago
3.

campy    

Please allow me to chime in on this soooo important breaking news! "So what".

1062 days ago
4.

Simone    

Where did Taylor find this guy? Craigslist? If I'm giving up half a mil to someone, you better believe I'd ask for references.

1062 days ago
5.

JW    

I can't believe afar so many Ponzi (or I think now they're called Bernie Schemes) people would believe that pie in the sky, oh this is easy money, type of investing. Here is a lesson for everyone: If an investment (on paper) continues to make 9% each and every year for an extended period of time, YOU ARE BEING RIPPED OFF, AND DESERVE WHAT YOU GET IF YOU DON'T INVESTIGATE OR HAVE THEM LOOKED INTO. No such thing as a free ride or a free lunch for that matter.

1061 days ago
6.

xsnkd    

what is up with the SPAM

1061 days ago
7.

static    

Another greedy meathead.

1061 days ago
8.

There's a problem here    

Hey Jason, why not give another Kim a spin? I hear that hairy half-monkey Kim Kardashian is available again. Get a prenup, spend three months or so being her "husband" and you'll score big time. Speaking of scoring... don't get anywhere near any of her diseased holes.

1061 days ago
9.

Mimi    

Idiots. All people have to do is a simple background check. Five minutes on FINRA.org Brokercheck will eliminate most of these scam artists. Look before you invest! Want some fun? Go to Brokercheck and look up Bernard Madoff

1061 days ago
10.

Kaffee    

dumbass. Gives half a million to somebody without investigating his background. dumbass.

1061 days ago
11.

Toilethead    

That's what happens when you trust cooks, idiot.

1061 days ago
12.

_][ Character_Assassin ][_    

Took him almost 2 years to realize writing a check out to cash meant cash money.

1061 days ago
13.

David    

This guy wasn't an investment broker.He was a scam artist.Ive been an investment advisor for over 30 years and its impossible to write a check off a client's account if you're legit. Every check Ive ever received from a client was made out to a specific financial institution.NEVER WRITE A CHECK TO A BROKER USING HIS NAME ON THE CHECK OR GIVE HIM CHECKING WRITING PRIVILEGES TO DO SO!

1061 days ago
14.

t jam     

WHEN YOU USE A BROKER YOU JUST GO BROKER THEY ARE MOSTLY ALL ,,, S K U M

1061 days ago
15.

happypat35    

wow.....how dumb can you be.....hard lesson learned. lets hope he has some brain underneath the looks.

1061 days ago
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