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Jim Palmer suing ex-friend for duping family into $985,000 loan

Hall of Fame Orioles pitcher Jim Palmer is suing a former friend, accusing him of defrauding him of nearly $1 million before disappearing from the world. According to The Athletic.

Palmer, who won 268 games in a 19-season career with the Orioles, was charged $985,000 by the 78-year-old Palmer and his wife after Warren Michael Holmes deceived him by pretending to be a “successful English hairdresser.” He claims to have received a dollar loan. Susan is starting a line of beauty products.

Holmes has not yet served any time in prison, but his first court appearance is scheduled for February 22nd.

In 2023, Jim Palmer will throw out the ceremonial first pitch. AP

“We understand that people will think we are the most gullible humans on the planet,” Susan told The Athletic. “Well, fine. I just want to make sure he never does something like this again.”

The lawsuit also alleges that Holmes developed a relationship with Palmer's autistic son-in-law, Spencer, 27, in an effort to pave the way for her family.

According to a reporter for The Athletic, Holmes ultimately became Spencer's conservator and trust manager.

Jim Palmer has a total of 268 wins. Associated Press Photo

“Regardless of whether[Holmes]was cheating on us or not, if he integrated into our family and something happened to me — I'm 21 years older than Susan — I wouldn't want to make it feel like that. “She can't be there. Susan has some sort of memory loss or something and she was going to take care of Spencer,” Palmer told The Athletic.

“That's priceless. I'm not saying it gives you the right to steal a million dollars. But the bottom line is, emotionally and physically, we helped him. . We probably provided funding to enable him to realize his dreams and become what he wanted to be. And then he just disappeared.”

Holmes tried to launch a hair care brand called Poo and an eyeliner called BitchBrow in 2018, and Holmes told the Palmers that his products would be produced near his home in California, according to the complaint. be done.

Jim Palmer in 2012. Getty Images

Holmes then remained with Palmers, taking out an initial $750,000 loan to form a holding company, Love Brands, in November 2018, and then repaying the loan by 2022, according to the report. The company reportedly received an additional $235,000 even though it did not sell or sell any products.

“…because nothing had been released and Mr. Holmes was concerned that he would not be able to repay Mr. Palmer unless some product was released,” the lawsuit states.

According to The Athletic, Holmes told Palmer in March 2023 that he needed an additional $2.5 million to create a “global beauty brand” and that Palmer would be repaid at that time. That's what it means.

Mr Palmer told the outlet that Mr Holmes could not be traced.

“It was a short-term loan,” Palmer told The Athletic. “If his product was released and successful, it would have been nice to have some income coming in. And the way he sold it, I would have bought the Brooklyn Bridge.'' He was a great salesman. did. ”

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