Updated: Tommy Tuberville listed in fraud lawsuit

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I’m not sure what it is about head coaches and shady investment opportunities, but Texas Tech head coach Tommy Tuberville has now been linked to two of them in the past year. Tuberville was listed as an investor in former Georgia coach Jim Donnan‘s “retail liquidation company”, GLC, which turned out to be a Ponzi scheme. Now, Tuberville is the subject of Huntsville Times report that lists him as the focal point of a fraud case involving an Auburn-based investment company.

The paper reports a complaint was filed last Friday in the in U.S. District Court in Montgomery against TS Capital and its co-owners, Tuberville and John David Stroud. The document accuses the two of defrauding investors out of more than $1.7 million.

Details from the Huntsville Times

The 32-page suit alleges that Tuberville and Stroud mixed their clients’ assets with their own, failed to file tax returns, falsified client statements, falsified fund performance reports and “generally disregarded and violated customary practices and procedures followed in the hedge fund and security investments industry.”

Several plaintiffs, including at least one former employee of TS Capital, have demanded their money be returned, yet, according to the complaint, none of the money invested has been accounted for. The suit also states that investors listed “have reason to believe that most, and possibly all, of their invested funds have been misappropriated, improperly converted and/or squandered.”

The suit lists 16 complaints against Tuberville and Stroud, including “negligence or wantonness,” “fraudulent misrepresentation” and “fraudulent suppression.”

Yikes.

Tuberville had been involved with TS Capital Partners following his departure from Auburn after the 2008 season. Tuberville was hired by Texas Tech in January, 2010. According to another Birmingham News feature in 2009, Tuberville, “an amateur stock guru”, was looking to “drum up a little business for a big-time hedge fund run by Stroud Capital.”

Like most fraud cases, the company was exposed in the past year when investors started asking for their funds. Then, things started spiraling out of control. That prompted a report from the National Futures Association last October that essentially showed TS Capital had no money to pay investors.

“To date, the NFA has been able to confirm that TS Management and its affiliated entities have in aggregate less than $3,500 based upon bank and brokerage account records produced by Stroud to the NFA,” the NFA report reads.

Tuberville and Stroud didn’t return calls and emails by the newspaper requesting a response. What this means for Tuberville going forward isn’t known, but there’s a valuable lesson we can all learn from this: if someone you know calls you and the words “investment opportunity” come out of their mouth, hang up the ph0ne.

UPDATED 5:45 p.m. ET: In a statement issued via his attorney, Tuberville “categorically denies any wrongdoing” and alleges he “has never met or spoken with most of the plaintiffs.” Tubervill claims he “invested significant funds and has never received any return from his own investment.”

Finally, Tuberville asserts he “has cooperated with every regulatory inquiry and not a single one has asserted that he was involved in any wrongdoing” and will “vigorously defend the allegations made against him and is confident he will be exonerated.”

(courtesy of Aaron Dickens of RedRaiderSports.com) 

Army on cusp of rare back-to-back bowl seasons for first time since 1984-85

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Army is taking on Temple on Saturday afternoon with a chance to punch the first postseason bowl ticket of the 2017 season. Other teams may already be bowl eligible, but Army will be the first team to have a chance to accept an invitation to a bowl game on Saturday if they can manage to get by the Temple Owls.

Army has a spot waiting for them in the Armed Forces Bowl in Fort Worth as long as they are bowl-eligible this season. At 5-2, the Black Knights can start making their bowl plans as soon as they win one more game. If they do clinch their bowl eligibility on Saturday, it will be the first time Army will go to back-to-back bowl games for the first time since the 1984 and 1985 seasons. Army played in and won the short-lived Cherry Bowl in the 1984 season and the Peach Bowl in the 1985 season. After going to the Heart of Dallas Bowl last season for their first bowl trip since the 2010 season, Jeff Monken and his program are looking to make going to a bowl game a regular thing.

Army defeated Temple in the season opener a year ago, and Monken is aware that can be a motivating factor for Temple despite these Owls being a much different team from the AAC champions of last season.

”This is a tough football team that won their conference last year,” Monken said. ”They’ll have a ton of confidence and they feel as though they have to come in and win this game. We had the chance to come out with a win at their place, and I’m sure they’d love to return the favor.”

Monken took over the Army football program in 2014 after a successful run as head coach of Georgia Southern, then a powerhouse FCS program. His run at Army took a couple of years to get going, but Army has shed their losing ways under his watch, and that was highlighted by a long-awaited victory over Navy in last season’s Army-Navy Game. Picking up a win against Temple will continue to prove Army is continuing to improve as a program, and that also means Monken will potentially be finding himself on the radar in the coaching rumor mill. The Nebraska job has had some people mentioning Navy head coach Ken Niumatalolo, but perhaps Monken would be a name to keep an eye on as well. As long as that means Army is winning games, so be it.

Keep in mind this would not be the first time Army would have back-to-back bowl eligible seasons since the mid-1980s. The Knights have had winning seasons on multiple occasions since last going to back-to-back bowl games, but the bowl game picture was quite different in the 1980s than it is today. With an oversaturation of bowl games available to schools today, Army stands a much better chance of going to a bowl game this season even with just six or seven wins than they would have 30 years ago.

Ohio State unveils alternate helmet for Penn State game

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Contrary to previous internet uniform rumors, Ohio State’s alternate helmet for their big division showdown with Penn State next week is far closer to home to the traditional Ohio State look than some of the outside-the-box helmet designs that had been floating around in various rumor mills in Ohio State circles lately.

Ohio State is rolling out with an alternate gray uniform, for some reason (recruiting!), next week when the Buckeyes host Penn State. And to keep the look from head to toe, Ohio State will wear a gray helmet with a slightly abstract pattern seemingly mimicking camouflage.

Two years ago when Ohio State hosted Penn State, the Buckeyes took the field in an all-black uniform. The Buckeyes have also worn all-white uniforms (excluding the helmet) for road games against Michigan and Penn State in recent seasons.

Penn State, barring any unforeseen announcements, will stick with their traditional all-white look for the road game. Although, Penn State did wear a specially designed uniform this season a few weeks ago. It’s a new era, so never say never.

Ohio State is off this week. Penn State hosts Michigan Saturday night. The Buckeyes and Nittany Lions meet in Columbus next Saturday at 3:30 p.m. ET.

Big Ten lines up Thursday and Friday night football for 2018

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The Big Ten is planning ahead to buckle down and try to make Thursday night and Friday night football a thing in the conference. After breaking the ice on Thursday and Friday night football in the 2017 season, the conference has officially moved five games on the 2018 conference schedule to Thursday and Friday nights.

Purdue will host Northwestern in the Big Ten season opener on Thursday, August 30, marking the second straight season the Big Ten will kick off the college football season with a Thursday night football game. Indiana hosted Ohio State in a Thursday night season opener this season. The opening week of the season will continue the following night with Michigan State hosting Utah State and Wisconsin hosting Western Kentucky on Friday, August 21, 2018. This will mark the second straight season Wisconsin will open the season at home on a Friday night in Camp Randall Stadium. The Badgers hosted Utah State on Friday, September 1 this season.

The three games on Thursday and Friday night in the opening week of the 2018 season keeps the Big Ten on the primetime lineup on various TV partners between ESPN, FOX Sports, and the Big Ten Network, although the programming specifics will come later on. But the idea of adding games to Thursday and Friday nights has been designed to add programming to TV partners and add content across all partner networks as part of the latest contracts with ESPN and FOX, along with the Big Ten Network.

The Big Ten has moved two additional games Friday nights next season as well. Illinois will host Penn State on Friday, September 21, 2018. Minnesota will host Indiana on Friday, October 26, 2018.

In statement, Mark Dantonio says LJ Scott’s ‘status will be affected for Saturday’s game, but he will play’

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At least on the field, LJ Scott‘s latest boneheaded misstep won’t prove too costly.

Thursday, it was reported that Scott was arrested Wednesday for the seventh time in the last year and a half for driving on a suspended license or similar offense.  There was some question as to whether this latest off-field incident will cost the running back playing time for Michigan State’s game this weekend against Indiana.

In a statement, head coach Mark Dantonio said it would. Kinda.  Sorta.

In what has been a lengthy process, LJ Scott now has a valid driver’s license, free of any restrictions. He has resolved the matter completely, and has paid a price, both financially and publicly. His status will be affected for Saturday’s game, but he will play.

Scott currently leads the Spartans with 408 yards rushing and is tied for tops on the team with three rushing touchdowns.  He’s coming off a career-high 194 yards in last Saturday’s win over Minnesota.