NBA Prospect Shabazz Muhammad’s Father Arrested for Bank Fraud & Conspiracy
This are some pretty serious charges against Muhammad’s dad.
He is currently being held in a federal prison.
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Ronald Holmes, father of former UCLA basketball star Shabazz Muhammad, was indicted Thursday on federal bank fraud and conspiracy charges.
The indictment states that Holmes and his partners obtained “mortgage loans by fraudulent means to buy houses,” from 2006 to 2009.
The U.S. attorney’s office is seeking to recover $2.5 million from Holmes.