Grant Frerking went from UT football player, CEO millionaire to scams, legal mess

#3
#3
I have seen this same ole song and dance played out in real life. Somebody gets a taste of the spotlight, the money, and the lifestyle and gets addicted to it. From there, it turns into loans, scams, and any unsavory practices to keep it up. You think at the time "oh once this works out, I will pay that other loan" or in some cases you think you can just skip out for ever on paying folks back.

It always turns into disaster though. Eventually it all catches up to you and your life comes cascading down.

I hope this young man gets the counseling and rehabilitation he needs because its going to be a rough time for him now that its all come to light. Play stupid games and win stupid prizes as they say.
 
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#8
#8
If the allegations are true they should throw the book at him. Again, if true, it sounds like he is a thief and a scoundrel. Sure he can and should turn his life around but I’ve known folks like that and it’s about as hard as a drug addict changing their ways.
 
#21
#21
DougVol said:
Happens all the time. Young person opens first business/LLC, they will be looked into immediately after reporting 100k in profits.
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Doesn't look like what happened here. Article says he "left" the company in 2021 (I suppose it wasn't really his company, or he would have sold it) but kept contacting customers and accepting payment up until this year. Sounds like good old fashioned fraud.
 
#22
#22
kckempf said:
Doesn't look like what happened here. Article says he "left" the company in 2021 (I suppose it wasn't really his company, or he would have sold it) but kept contacting customers and accepting payment up until this year. Sounds like good old fashioned fraud.
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Yeahhhhh...... he's going to jail
 
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#23
#23
YankeeVol said:
Just file bankruptcy. TADA
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Nah, lawsuits like that come up in background checks and it’s not as simple of filing bankruptcy. He SHOULD have filed bankruptcy as that only wipes your credit for a while. Now he’s going to potentially have criminal fraud charges against him? No bank will touch him with a 10 ft pole after that. He’ll have trouble even passing a background check for employment unless it’s for McDonalds.
 
#25
#25
Hopeful that he gets the help he needs - in prison while serving a hefty sentence for this blatant fraud.

Will be interesting to see if someone starts looking at his involvement in NIL and what, if anything, happened there. The guy seems like a scammer and a hustler, my concern is that the straw business is a canary in a coal mine.
 
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