According to hiphopdx.com, Fat Joe accused his accountant of misappropriating funds that were under his and his wife’s names and apparently using the names of MLB players in order to cover their tracks. After Fat Joe’s CPA fired his assistant Vanessa Rodriguez, Joe noticed several oddities in the way Chammas’ firm was handling his business accounts. According to TMZ, he first noticed several AMEX accounts had been opened under his and his wife’s names without their knowledge. Then the credit cards were used to make large purchases, that included tuition payments for Rodriguez’ daughter as well as over $40,000 in Uber and Uber Eats purchases. After looking further into it, Joe noticed that several of his business’ were missing large amounts of funds.
One of Fat Joe’s companies, Sneaker Addict Touring, was missing more than $300,000. He also claims that the company tried to cover up their mismanagement by running a Ponzi scheme that involved players from Colorado Rockies, Houston Astros and Chicago White Sox. The lawsuit claims that AMEX accounts were also opened in the MLB players names, Jose Iglesias, Luis Garcia and Dayan Viciedo. The funds from these accounts were then transferred from one BDO client’s account to another, which allowed the accounting firm to operate without the use of cash.
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