Bahamas Trip Cancelled

WillWeaverRVA

Three-star Recruit


Wow
Hope they lock that guy up for a long time. Ponzi schemes are no bueno.

Also, this will probably destroy the VII Group's reputation...good riddance.
 

Pablo

Hall of Famer
Hope they lock that guy up for a long time. Ponzi schemes are no bueno.

Also, this will probably destroy the VII Group's reputation...good riddance.


"Fast forward four months, and the VII Group is again being counted on to coordinate logistics for traveling basketball teams, albeit this time in the States.

Is it a chance for redemption?

'There is no reputation to redeem, being that we are in good standing as a business,' Williams told Sportico in a brief phone call last week, before saying he was too busy with tournament preparations to participate in an interview.

George Mason isn’t the only school to have raised concerns about the VII Group. In April, the University of Memphis sued the company for breach of contract relating to the Tigers’ participation in the 2022 Hoopsgiving event.

According to the school’s lawsuit, which has not been previously reported, the VII Group had failed to refund Memphis more than $57,000 despite the school making 15 requests for the money in the 16 months since the game took place.


The amount included a $50,000 guarantee the school had paid to the VII Group, as well as transportation and accommodation expenses that were supposed to be reimbursed. As of the lawsuit’s filing, the school says, VII group had only paid $1,500. Memphis, as a public university, is being represented by the Tennessee attorney general. (A U of M spokesperson declined to comment.)

In a tersely written answer to the complaint, filed in September, the VII Group denied that the university had fulfilled its end of the bargain or that the company was in breach of contract.

Williams declined to comment about the case when asked about it last week. Instead, he offered to do an interview after this weekend’s Hoopsgiving games, saying, 'It is going to take (many) more minutes to clean up' Sportico’s previous reporting. Williams subsequently sent a cease-and-desist letter, threatening potential legal action if a reporter continued contacting the company or if a story was published 'without our prior consent.'”
 
Last edited:

WillWeaverRVA

Three-star Recruit

"Fast forward four months, and the VII Group is again being counted on to coordinate logistics for traveling basketball teams, albeit this time in the States.

Is it a chance for redemption?

'There is no reputation to redeem, being that we are in good standing as a business,' Williams told Sportico in a brief phone call last week, before saying he was too busy with tournament preparations to participate in an interview.

George Mason isn’t the only school to have raised concerns about the VII Group. In April, the University of Memphis sued the company for breach of contract relating to the Tigers’ participation in the 2022 Hoopsgiving event.

According to the school’s lawsuit, which has not been previously reported, the VII Group had failed to refund Memphis more than $57,000 despite the school making 15 requests for the money in the 16 months since the game took place.


The amount included a $50,000 guarantee the school had paid to the VII Group, as well as transportation and accommodation expenses that were supposed to be reimbursed. As of the lawsuit’s filing, the school says, VII group had only paid $1,500. Memphis, as a public university, is being represented by the Tennessee attorney general. (A U of M spokesperson declined to comment.)

In a tersely written answer to the complaint, filed in September, the VII Group denied that the university had fulfilled its end of the bargain or that the company was in breach of contract.

Williams declined to comment about the case when asked about it last week. Instead, he offered to do an interview after this weekend’s Hoopsgiving games, saying, 'It is going to take (many) more minutes to clean up' Sportico’s previous reporting. Williams subsequently sent a cease-and-desist letter, threatening potential legal action if a reporter continued contacting the company or if a story was published 'without our prior consent.'”
Yeah, this year is probably going to be the last Holiday Hoopsgiving because no one is ever going to want to do business with the VII Group ever again.
 

Jack Strop

Starter
⭐️ Donor ⭐️

Here's the full story from the Washington Post...
 
Last edited:
Top