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'Basketball Wives' Star

Sued for Helping Blow

NBA Star's Fortune

12/25/2011 12:55 AM PST BY TMZ STAFF

1223_antoine_walker_ex_getty_ex2
Evelyn Lozada
-- one of the stars of "Basketball Wives" who was once engaged to former NBA All-Star Antoine Walker -- is being sued for allegedly receiving hundreds of thousands of dollars illegally.

The story is shocking. Walker raked in a whopping $110 million during his NBA career, in addition to untold millions in endorsements and other deals ... and he blew ALL OF IT and a lot more.

Walker filed for bankruptcy last year, and now the bankruptcy trustee smells a rat. It seems Walker gave Lozada $560,000 when he already knew he was going belly up. The trustee has sued Lozada, claiming the transfer was fraudulent -- an attempt to hide money from legitimate creditors.

The trustee says Lozada used the money to start a Miami shoe store called Dulce, and now the trustee wants the $560k back.

We're told Lozada and Walker insist there was no funny business. He gave her the money to help pay her bills. Sources say Lozada funded Dulce NOT with the $560k, but by selling her engagement ring.  And, our sources say, Lozada had no idea Walker was so deep in debt.

Rich people's problems ...

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42 COMMENTS

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31.

Tuggie    

Evelyn, it's on we are still in kissing mode this New Years Day 2011. We better watch out there maybe alot of babies coming this year, including you, yes after the wedding(laughing. We bet it should be hilarious watching you pregnant while Pepe tries his best to take care of everything including you cravings. Ev, we'll try to make this year all about family and all the things that are most dear to us like life, health, good friends and how we spend our time. We wee see one of the books from your novel series (The Inner Circle) is now available for pre-order we order one of those in a few days, can't wait to actually have it in our hands and we predict it will do very, very well. We would also like to say congratulations to you on this accomplishment, your largest single accomplishment and would also like to acknowledge and say a big thank you to Pepe whom we know supported you in this big venture. We realise he truly loves you and your family and wants to be there for you in every way. Well, we are signing off now, because we are about to do exactly what we think you are doing at this time and guess what that is? *wink, wink* (laughing)Happy New Year girlfriend, Happy, New Year!!!

970 days ago
32.

KRock    

Walker blew 110 mill with all his gambling issues. Jordan taught him how to gamble. It's well do***ented.

In other news...how does a broke guy think it's a good idea to give 500k to a woman to pay HER bills. hmmmmm?

idiots.

949 days ago
33.

Tye    

When HOODRATS ATTACK

921 days ago
34.

bossmelle    

that's a whole bunch of bs!! now the trustee wants to sue cuz Walker can't give them anything more... nobody forced his hand. he shoulda had an accountant, a financial assistant or even invested all that money. he's the fool. this ain got nothing to do with evelyn

893 days ago
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