Emmitt Smith Faces Major Loan Lawsuit | Boise News

Emmitt Smith, NFL’s all-time rushing yards leader, is under fire after a Native American investment group accuses him and business partner David Mosley of running a Ponzi-like scheme. They lent $2.5 million for a solar project called “Project Exodus,” but say the money vanished into personal debt payments instead. The loan, due in February 2024, has already accrued $600K in interest, and Kituwah says Smith ignored their attempts to resolve the mess — even offering to waive the interest. Now they’re seeking full repayment plus damages. This isn’t his first financial stumble — his Las Vegas restaurant was shut down last year for $400K in unpaid rent. The lawsuit demands $2.5 million plus fees. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/9b5070cf3f4e87e1