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Terrell Owens Loses $2 Million in Bingo Business Venture, Sues Lawyer

Been a rough couple of months for T.O.

I hope he turns it around, because all the news lately has been bad news.

According to CourthouseNews.com, Owens has now sued an attorney who allegedly encouraged him to invest $2 million “in an Alabama entertainment center that included a gaming hall with electronic bingo, which is an illegal gambling operation in Alabama, and a violation of NFL policy.”

The project apparently collapsed when the devices to be used were deemed to violate Alabama law.  Owens claims among other things that the lawyer failed to explain the risks.  He alleges negligence and breach of fiduciary duty.

Honestly T.O. should have known better that doesn’t even sound like a sound investment.

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