Daniel Wallach, a legal analyst for The Athletic, explains to Kevin Sheehan all that is going on with Brian Davis' lawsuit over a $5.1 billion bank draft with Bank of America, which allegedly refused to deposit and continues to retain. But why did Bank of America not accept the money in March and what is the origin of the funds? Strap in because this is where things get weird.
Wallach explains that the signature on the bank draft is from the administrator of the estate of Severino Garcia Sta. Romana of the Philippines. "It raises a whole list of questions," he added, including money laundering issues and bank fraud issues. Well, that's wild. And if you dig into the person's background is that "he looted gold that the Japanese had originally stolen during World War II, they buried it in mines and tunnels throughout the Philippines, it was worth trillions. He got his hands on some of this gold" and with the help of the former president of the Philippines, it ended up in a Citi Bank account that is possibly the source of the transfer to Bank of America for Davis and involves buying the Washington Commanders.
And there is also the possibility that this Severino Garcia Sta. Romana character was a CIA operative or asset or some kind of commando.
"In all likelihood, this is not a legitimate source of funds either because the money doesn't exist or the transaction doesn't pass the smell test," Wallach told Sheehan.
So did the money come from Freedonia or Sylvania? This entire thing is beginning to sound like a Marx Brothers film. Like Rufus T. Firefly asking the wealthy widow Ms. Teasdale, "Will you marry me? Did he leave you any money? Answer the second question first."
The full interview includes talk about the actual lawsuit and the slim filings in federal court and why you should not lose any sleep at all whatsoever about the money business going on with this lawsuit and it holding up the sale of the Washington Commanders to the Josh Harris-led consortium because the dismissal of Davis' lawsuit will be duck soup for U.S. District Judge Deborah L. Boardman.
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