Philadelphia Phillies third baseman Alec Bohm filed a lawsuit against his parents claiming they siphoned millions of dollars from financial accounts they managed for him.
The suit filed Wednesday in the Philadelphia Court of Common Pleas alleges that Daniel and Lisa Bohm froze him out of his accounts and used the funds for personal expenses, according to records obtained by USA Today.
The former All-Star claims in his lawsuit that by the time he discovered discrepancies, millions of dollars already had been moved into accounts of limited liability companies controlled by his parents.
Bohm, 29, now in his seventh season with the Phillies, is playing this season on a one-year contract for $10.2 million.
His lawsuit requests a $3 million judgment and control of the accounts in question. It also seeks to require his parents, who “reside in a recreational vehicle and travel the country,” to hire accountants to trace where the money went.”
“Daniel and Lisa repeatedly advised Alec that, whenever they acted on his behalf, they did so as Alec’s parents — whose assistance always came free of charge,” the lawsuit said. “To add insult to injury, Daniel’s and Lisa’s counsel also indicated that his clients began to prepare an accounting of all the time they spent to administer Alec’s affairs and intended to submit an invoice for payment, adding that fifty dollars ($50) per hour constituted fair compensation for their services.”
Robert Eckard, an attorney who represents Bohm’s parents, said they were “deeply saddened” by the allegations.
“Mr. and Mrs. Bohm love their son very much and have always acted in his best interests, both personally and professionally, and still do so to this day,” Eckard said, per USA Today. “They are deeply saddened by the allegations made against them in this lawsuit and the sensational false narrative painted here, which they believe are entirely without merit.”
Bohm, who hit a three-run home run in Philadelphia’s 5-3 win against the Texas Rangers on Opening Day on Thursday, declined to discuss the lawsuit. “I’m not going to address any personal matters right now,” he said.
–Field Level Media
