Joe Smith serves as a cautionary tale highlighting the importance of NBA players having financial advisors to oversee their financial dealings with his ex-girlfriend Moniece Slaughter stealing from him
In an interview with Vlad TV, Smith credited his financial advisor for uncovering fraudulent activities perpetrated by his ex-girlfriend, Moniece Slaughter.
Joe Smith reveals ex-girlfriend Moniece Slaughter stole $109,000 from him, video goes viral
EXCLUSIVE: Joe Smith on Moniece Slaughter Forging $109K in Checks while They were Dating https://t.co/WxaF8X1c4C
— DJ Vlad 🇺🇦 (@djvlad) November 22, 2023
— Glock Topickz (@Glock_Topickz) November 22, 2023
Smith Received Alert Call
Upon retiring from basketball, Smith received a call from his financial advisor alerting him to rapid withdrawals from his account. Perplexed, Smith learned that Slaughter had been writing checks in his name, a method he rarely used.
His financial advisor shared photos of the checks, revealing unfamiliar handwriting, prompting Smith to investigate further.
Who Was Behind the Transactions?
Through diligent research, Smith discovered that Slaughter was indeed behind the unauthorized transactions. Employing a private investigator, he obtained photographic evidence of Slaughter at the bank teller cashing the forged checks.
Despite this evidence, attempts to press charges proved challenging due to conflicting narratives. In Los Angeles, where the incident occurred, legal authorities deemed it and he revealed that situation making it difficult to pursue charges.
No Charges Filed?
Slaughter claimed Smith had given her blank checks, while Smith insisted he never provided such authorization. Consequently, no charges were filed, and Smith had to accept a substantial financial loss.
It was revealed that Slaughter had allegedly written nine checks totaling approximately $109,000. Despite the lack of legal repercussions, Smith made it clear that he suffered a significant financial setback due to the fraudulent activities.
Moniece Slaughter gained fame as an R&B singer and songwriter through her appearance on the reality show Love & Hip Hop: Hollywood, spanning six seasons from 2014 to 2019.
While the timeline of Joe Smith’s relationship with Slaughter remains unspecified, it is noted that Slaughter shares a son named Kamron with rapper Lil’ Fizz, who also featured in all six seasons of Love & Hip Hop: Hollywood.
Smith’ Net Worth
Joe Smith, a former American professional basketball player, boasts a net worth of $100 thousand in his retirement. His NBA career spanned from 1995 to 2011, initially being selected as the first overall pick in the first round of the 1995 NBA Draft by the Golden State Warriors.
Over the course of his career, Joe Smith amassed a total salary of $61 million. His most lucrative season was 2005-2006, during which he earned an impressive $6.3 million while playing for the Bucks.