Ex-Cubs players sue after alleged real estate scam

May 5, 2010 (CHICAGO)

According to Sports Illustrated, Cliff Floyd and Rondell White have filed a lawsuit against financial advisors Stephen Hill and Steven Kolinsky. It claims White and Floyd each lost at least one million dollars due to conspiracy, fraud and mismanagement.

The magazine says Jason Marquis and Todd Hundley are among other current or former players who also lost money. It says the New Jersey attorney general is also investigating the case.

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