Lonzo Ball sues Big Baller Brand co-founder Alan Foster for fraud

Lonzo Ball has filed a lawsuit against Big Baller Brand co-founder Alan Foster for allegedly utilizing a “fraudulent scheme” to take money from the company, according to TMZ Sports.

Ball’s lawsuit comes hot on the heels after an ESPN report revealed that Ball was missing $1.5 million from his personal and business accounts.

Per the ESPN report, suspicions were raised last October when Ball’s financial adviser alleged that Lonzo’s personal taxes and Big Baller Brand’s taxes could not be completed on time due to the missing $1.5 million.

Following the report, Ball severed all ties with Foster immediately and began distancing himself from Big Baller Brand.

In a statement to ESPN, Ball’s father LaVar said at the time, “I've always believed in the best in people. Regretfully, I put my complete trust in Alan Foster to manage my son's business affairs. At the end of the day, family comes first, and I support Zo wholeheartedly. Together, we will make this right."

Per ESPN, Foster owned 16.3 percent of the company, while Lonzo owns 51 percent. LaVar owns 16.4 percent and Lonzo’s mother Tina Ball owns 16.3 percent.

Details of the lawsuit were not made available including how much Ball is suing Foster for.

See more of the Ball family: 

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The Ball family -- LaVar, Lonzo, LiAngelo and LaMelo
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The Ball family -- LaVar, Lonzo, LiAngelo and LaMelo
HOUSTON, TX - JANUARY 19: Lonzo Ball #2 of the Los Angeles Lakers reacts after a foul against the Houston Rockets in the first half at Toyota Center on January 19, 2019 in Houston, Texas. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this Photograph, user is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Tim Warner/Getty Images)
LOS ANGELES, CALIFORNIA - DECEMBER 30: Tina Ball and LaVar Ball attend a basketball game between the Los Angeles Lakers and the Sacramento Kings at Staples Center on December 30, 2018 in Los Angeles, California. (Photo by Allen Berezovsky/Getty Images)
LOS ANGELES, CALIFORNIA - NOVEMBER 07: LaMelo Ball attends a basketball game between the Los Angeles Lakers and and the Minnesota Timberwolves at Staples Center on November 07, 2018 in Los Angeles, California. (Photo by Allen Berezovsky/Getty Images)
KAUNAS, LITHUANIA - JANUARY 12: LaMelo Ball and LiAngelo Ball in action during the 2017/2018 Turkish Airlines EuroLeague Regular Season Round 17 game between Zalgiris Kaunas and Unicaja Malaga at Zalgirio Arena on January 12, 2018 in Kaunas, Lithuania. (Photo by Alius Koroliovas/EB via Getty Images)
CHINO, CA - SEPTEMBER 02: (L-R) Lonzo Ball, LaMelo Ball, LiAngelo Ball and LaVar Ball attend Melo Ball's 16th Birthday on September 2, 2017 in Chino, California. (Photo by Joshua Blanchard/Getty Images for Crosswalk Productions )
LOS ANGELES, CA - JUNE 23: Lonzo Ball #2 of the Los Angeles Lakers talks to the media during a press conference at their training faculity in June 23, 2017 in Los Angeles, California. (Photo by Jayne Kamin-Oncea/Getty Images)
LOS ANGELES, CA - OCTOBER 02: LaVar Ball holds courd during The Los Angeles Lakers game against the Denver Nuggets at Staples Center on October 2, 2017 in Los Angeles, California. (Photo by Allen Berezovsky/Getty Images)
LOS ANGELES, CA - NOVEMBER 01: UCLA guard LiAngelo Ball (15) looks on during an college exhibition basketball game between the Cal State Los Angeles and the UCLA Bruins on November 1, 2017, at Pauley Pavilion in Los Angeles, CA. (Photo by Brian Rothmuller/Icon Sportswire via Getty Images)
LAS VEGAS, NV - JULY 07: LaMelo Ball, brother of Lonzo Ball #2 of the Los Angeles Lakers, walks off the court after shooting baskets as part of a promotion during a timeout of a 2017 Summer League game between the Lakers and the Los Angeles Clippers at the Thomas & Mack Center on July 7, 2017 in Las Vegas, Nevada. The Clippers won 96-93 in overtime. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Ethan Miller/Getty Images)
LOS ANGELES, CA - OCTOBER 02: Lonzo Ball #2 of the Los Angeles Lakers looks on during the first half of a preseason game against the Denver Nuggets at Staples Center on October 2, 2017 in Los Angeles, California. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this Photograph, user is consenting to the terms and conditions of the Getty Images License Agreement (Photo by Sean M. Haffey/Getty Images)
LOS ANGELES, CA - AUGUST 13: (L-R) Ice Cube and Lavar Ball compete in the Four Point Challenge during week eight of the BIG3 three on three basketball league at Staples Center on August 13, 2017 in Los Angeles, California. (Photo by Sean M. Haffey/Getty Images)
LOS ANGELES, CA - MARCH 01: (L-R) LaMelo and LiAngelo Ball attend the game between the UCLA Bruins and the Washington Huskies at Pauley Pavilion on March 1, 2017 in Los Angeles, California. (Photo by Jayne Kamin-Oncea/Getty Images)
LOS ANGELES, CA - AUGUST 13: LaVar Ball sits with his son LaMelo as they watch games during week eight of the BIG3 three on three basketball league at Staples Center on August 13, 2017 in Los Angeles, California. (Photo by Sean M. Haffey/BIG3/Getty Images)
JIMMY KIMMEL LIVE - 'Jimmy Kimmel Live' airs every weeknight at 11:35 p.m. EST and features a diverse lineup of guests that includes celebrities, athletes, musical acts, comedians and human-interest subjects, along with comedy bits and a house band. The guests for Monday, June 12 included Diane Keaton ('AFI Life Achievement Award: A Tribute to Diane Keaton'), Lonzo and LaVar Ball and musical guest Phoenix. (Randy Holmes/ABC via Getty Images) LAVAR BALL, LONZO BALL, JIMMY KIMMEL
BROOKLYN, NY - JUNE 22: Lonzo Ball the number two pick selected by the Los Angeles Lakers talks to the media at the 2017 NBA Draft on June 22, 2017 at Barclays Center in Brooklyn, New York. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. Mandatory Copyright Notice: Copyright 2017 NBAE (Photo by Chris Marion/NBAE via Getty Images)
NEW YORK, NY - JUNE 22: Lonzo Ball walks on stage with NBA commissioner Adam Silver after being drafted second overall by the Los Angeles Lakers during the first round of the 2017 NBA Draft at Barclays Center on June 22, 2017 in New York City. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Mike Stobe/Getty Images)
NEW YORK, NY - JUNE 22: LaVar Ball, father of second overall pick Lonzo Ball of the Los Angeles Lakers, speaks to media during the first round of the 2017 NBA Draft at Barclays Center on June 22, 2017 in New York City. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Mike Lawrie/Getty Images)
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Foster’s criminal past

In 2002, Foster was sentenced to seven years in prison after pleading guilty to one count of mail fraud and two counts of money laundering as a result of a scheme that defrauded 70 investors of $4 million, according to records obtained by ESPN in the report. Foster was also required to pay $3.7 million in restitution.

Ball continues to distance himself from BBB

The lawsuit is one of many steps taken by Ball in distancing himself from Big Baller Brand.

Following ESPN’s report, Ball took to Instagram to hint at a union with Nike. The caption of his post reading, “Moving on to bigger and better #MyOwnMan.”

And following that, Ball covered up his Big Baller Brand tattoo on his right arm. The three B’s of Big Baller Brand were replaced with misshapen dice barring the numbers one, two and three, the numbers that he and his brother’s LaMelo and LiAngelo wear on the court.


While Ball has pushed himself away from his family brand, LaVar believes that it will continue on. Speaking to KLUC radio the elder Ball insisted, “The brand is good.”

Ball’s Lakers have been eliminated from the playoff chase, while Ball himself was shut down for the remainder of the season with a left ankle injury.

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