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A 24-year-old Philadelphia entrepreneur offered former professional athletes ownership of e-commerce sites that appeared to show fabricated sales, according to a Barron's investigation. Three former NFL players told the outlet they collectively lost more than $1 million. The entrepreneur disputes the reporting and says the article contains inaccuracies.
New York PostA 24-year-old Philadelphia entrepreneur offered former professional athletes ownership stakes in Shopify stores that appeared to generate sales, according to contracts reviewed by Barron's. The stores were marketed with a guarantee that investors would receive their principal back after six months plus 80 percent of any profits.
Three former NFL players told Barron's they collectively lost more than $1 million through separate investments. One investor said the group remains uncertain about recovering funds.
Reported store activity Barron's examined one site, Dailyprodtrend, which recorded more than 360 orders between March 2025 and February 2026 while receiving only 90 visitors. The outlet found that each transaction was manually entered and marked paid minutes later.
Emails sent to listed customers bounced back as undeliverable, and one person identified as a buyer in Luxembourg told Barron's he had not made the purchase. The entrepreneur told The Post that clients received access to Shopify dashboards while payment processing and fulfillment occurred on separate platforms.
Pitch materials and disputed deal Pitch materials listed Philadelphia Eagles players Nakobe Dean and Jalen Carter, U.S. men's soccer defender Mark McKenzie, rapper YG, and former NFL safety Terrell Edmunds as clients. An agent for Dean declined to comment; representatives for the others did not respond.
The entrepreneur later showed one investor a contract for a purported $215 million sale of Motion Ventures to a Dubai-based firm, naming a JPMorgan Chase wealth adviser as escrow agent. Chase told Barron's the agreement did not originate from the bank and the signature did not match.
The entrepreneur told The Post that the article contains significant inaccuracies and omits context, and he categorically denies engaging in any fraudulent scheme. He said a bulk sale of white-label brands was never completed because a former athlete failed to provide agreed-upon funding.
Dailyprodtrend and a friend told Barron's they invested $925,000 to establish 18 additional stores. They later contacted Barry Minkow, a convicted fraudster turned financial fraud investigator, who submitted reports to the Securities and Exchange Commission, the FBI's Philadelphia office, and the Pennsylvania Department of Banking and Securities. The agencies declined to comment.
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