Yankees outfielders find funds frozen as Stanford scandal probe continues

Updated

New York Yankees outfielders Johnny Damon and Xavier Nady may be millionaires, but they're struggling to pay bills because their bank accounts and credit cards have been frozen. They're among the investors who have money with a company affiliated with R. Allen Stanford, the financier under being sued by regulators for allegedly committing fraud.

The pinstriped pair join New York Mets owner Fred Wilpon and Brooklyn Dodgers legend Sandy Koufax among those in the Big Apple baseball community hurt by recent financial scandals. Wilpon and Koufax were among the investors who gave money to Bernard Madoff, the fund manager who allegedly ran a $50 billion Ponzi scheme.

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