Emmitt Smith accused of conning Native American investor out of $2.5M in solar farm deal

Emmitt Smith and others are accused of conning a Native American investor out of $2.5 million in an alleged solar farm scheme described as a "Ponzi scheme."
Emmitt Smith accused of conning Native American investor out of $2.5M in solar farm deal

Pro Football Hall of Famer Emmitt Smith is being sued by Kituwah LLC, an investment arm of the Band of Cherokee Indians, for allegedly conning them out of $2.5 million. Kituwah claims the money was loaned for a solar project called Project Exodus and has not been repaid, with allegations that the funds were used to pay off other investors. The lawsuit describes the alleged scheme as similar to a Ponzi scheme, using false projections and data.

  • Emmitt Smith is accused of defrauding Kituwah LLC, an investment sector of the Band of Cherokee Indians, out of $2.5 million.
  • The lawsuit alleges the money was loaned for a solar farm project named Project Exodus.
  • Kituwah LLC claims they have not received any returns on their investment, which is over two years past due.
  • The investor alleges that the loaned money was used to pay back a separate company that had previously invested in the project.
  • Kituwah described the alleged scheme as similar to a Ponzi scheme, citing false projections and data.
  • Kituwah is seeking at least $2.5 million in damages, plus interest and costs.
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