Former Cowboys running back Emmitt Smith is sued by investor over wind farm project
Summary
Emmitt Smith, former Dallas Cowboys running back, is being sued by a Native American investment company called Kituwah LLC. They claim Smith and his business partners misused a $2.5 million loan meant to fund a Texas wind farm project and did not meet the project’s promises.Key Facts
- Kituwah LLC loaned $2.5 million to a company linked to Emmitt Smith for a wind farm project called Project Exodus in Texas.
- The lawsuit claims the loan money was used to pay back another investor, not for the wind farm.
- Smith and his partner David Mosley are accused of misrepresenting efforts to get a U.S. Department of Energy loan.
- Kituwah says the loan has accumulated about $600,000 in interest.
- The wind farm project was supposed to start operating by December 2024, but there was little evidence of progress.
- Kituwah expected repayment within months after giving the funds on September 1, 2023.
- The lawsuit alleges Smith and his partners failed to meet government funding requirements and stopped responding to requests.
- Emmitt Smith is a well-known football player who spent most of his career with the Dallas Cowboys and holds the NFL rushing record.
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