Stoops Responds to Pyramid Scheme Involvement
Oklahoma Sooner Football Articles and Notes
As I continue to follow the Bob Stoops involvement in the BurnLounge pyramid scheme.. GNEXTINC.com is the ONLY Oklahoma Sooners website to report involvement, as of 1:40 am Tuesday.
As now Stoops responds to involvement of BurnLounge: University of Oklahoma football coach Bob Stoops confirmed Monday he invested in an online digital music business that federal regulators now allege is an illegal pyramid scheme. "Even though this investment was less than $500, like all others I make, it was reviewed by a trusted and experienced group of legal and financial advisers," Stoops said Monday in a statement released by OU. "I have been and remain comfortable with the direction they have provided for many years." Kenny Mossman, OU associate athletics director, said Stoops did not say how much money he made off the investment or whether he recruited other coaches or players to participate. Stoops declined to comment on Spurrier's remarks (in Sunday's South Carolina The State newspaper), referring questions to Mossman. BurnLounge was not promoted on OU Web sites, Stoops and Mossman said. (More at NewsOK.com) It would be interesting to know, the time line in which Stoops recommended BurnLounge to Spurrier, Jr. (the only confirmed individual recruited by Stoops) in reference to BurnLounge's June 2006 questionable business practices being raised.. Also, any other coaches and athletes he may of enrolled in the BurnLounge program.
As I continue to follow the Bob Stoops involvement in the BurnLounge pyramid scheme.. GNEXTINC.com is the ONLY Oklahoma Sooners website to report involvement, as of 1:40 am Tuesday.
As now Stoops responds to involvement of BurnLounge: University of Oklahoma football coach Bob Stoops confirmed Monday he invested in an online digital music business that federal regulators now allege is an illegal pyramid scheme. "Even though this investment was less than $500, like all others I make, it was reviewed by a trusted and experienced group of legal and financial advisers," Stoops said Monday in a statement released by OU. "I have been and remain comfortable with the direction they have provided for many years." Kenny Mossman, OU associate athletics director, said Stoops did not say how much money he made off the investment or whether he recruited other coaches or players to participate. Stoops declined to comment on Spurrier's remarks (in Sunday's South Carolina The State newspaper), referring questions to Mossman. BurnLounge was not promoted on OU Web sites, Stoops and Mossman said. (More at NewsOK.com) It would be interesting to know, the time line in which Stoops recommended BurnLounge to Spurrier, Jr. (the only confirmed individual recruited by Stoops) in reference to BurnLounge's June 2006 questionable business practices being raised.. Also, any other coaches and athletes he may of enrolled in the BurnLounge program.
Labels: Bob Stoops, Keeping them Honest, Oklahoma Sooners, University of Oklahoma
posted by Gilbert Sam, Jr. @ 1:49 AM 
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