New Tech basketball coach victim to Ponzi Scheme - KCBD NewsChannel 11 Lubbock

New Tech basketball coach victim to Ponzi Scheme

Posted: Updated:

Texas Tech's new basketball coach, Billie Gillispie, is the victim of a massive Ponzi Scheme. According to several reports, Gillispie stands to lose as much as 2.3 million dollars.

Before coming to Tech, Gillispie, was the head coach at the University of Kentucky. The man who cheated Gillispie and other big name coaches out of millions of dollars reportedly is Houston area businessman David Salinas.

Salinas won't have to face any criminal charges because he was found dead a few days ago.  

Powered by WorldNow

5600 Avenue A
Lubbock, TX. 79404

FCC Public File
EEO Report
Closed Captioning

All content © Copyright 2000 - 2014 Worldnow and KCBD. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.