Luther Davis, a former Alabama defensive tackle who won a national championship with the Crimson Tide in 2010, is accused in federal court of posing as NFL players to collect nearly $20 million in fraudulent loans.

The U.S. Attorney’s Office claimed in a March filing that Davis and co-conspirator CJ Evins wore wigs and makeup to impersonate the players, identified only as X.M., D.N. and M.P., between May 2023 and October 2024. None of those players is accused of criminal activity.

According to the Georgia filing, Davis and Evins schemed to obtain at least 13 loans from lenders who believed they were speaking directly with those players. When the lenders set up Zoom calls with the supposed athletes and notaries to finalize the loan authorizations, Davis allegedly dressed up and provided fake IDs and financial documents to conceal his identity. Those documents included…

CLICK HERE to read the FULL Ex-Alabama player allegedly posed as NFL players in $20 million loan fraud scheme article.

THE BHI TRUST PONZI SCHEME (SOUTH AFRICA)

Date: Ongoing updates through February 2026 Perpetrator: Craig Warriner (Principal), with alleged co-conspirators

Case Description: The BHI Trust scandal remains one of South Africa’s most devastating financial crimes, involving the loss of between R1.9 billion and R3 billion. Craig Warriner, the “genius trader” behind the trust, turned himself in during late 2023, but the legal and recovery battles reached a fever pitch in 2025 and 2026. Warriner operated the trust as a textbook Ponzi scheme, utilizing “Old Boy” networks and high-profile brokers to lure in pensioners and high-net-worth individuals with promises of 20% annual returns.

In early 2025, the National Prosecuting Authority (NPA) faced heavy criticism for “provisionally withdrawing” charges against alleged co-conspirators Michael Haldane and Sona Pillay. However, civil recovery efforts by joint trustees have continued into 2026, aiming to claw back hundreds of millions in “fictitious profits” from early investors to redistribute to those who lost everything. The case is a masterclass in the failure of fiduciary duty; the FSCA eventually banned several advisors for up to 30 years for peddling the unlicensed scheme despite clear red flags, such as the lack of a website, the absence of regulated financial reports, and a fee structure that was triple the industry average.

Link to Original: Moneyweb – BHI Trust Scandal Deep Dive

Luther Davis, a former Alabama defensive tackle who won a national championship with the Crimson Tide in 2010, is accused in federal court of posing as NFL players to collect nearly $20 million in fraudulent loans.

The U.S. Attorney’s Office claimed in a March filing that Davis and co-conspirator CJ Evins wore wigs and makeup to impersonate the players, identified only as X.M., D.N. and M.P., between May 2023 and October 2024. None of those players is accused of criminal activity.

According to the Georgia filing, Davis and Evins schemed to obtain at least 13 loans from lenders who believed they were speaking directly with those players. When the lenders set up Zoom calls with the supposed athletes and notaries to finalize the loan authorizations, Davis allegedly dressed up and provided fake IDs and financial documents to conceal his identity. Those documents included…

CLICK HERE to read the FULL Ex-Alabama player allegedly posed as NFL players in $20 million loan fraud scheme article.

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