How a single computer folder and dogged HR official exposed former Kings executive’s $13.4M embezzlement scheme

Dan Feldman

Just how close did Jeff David come to getting away with embezzling $13.4 million from the Kings while working for them? He already secured a new job with the Heat and was in the process of moving from Sacramento to Miami.

Kevin Arnovitz of ESPN:

On this Monday, walking through the Davids’ new front door is a dizzying procession of cable guys, utility workers and movers. Amid all of this, Jeff receives a phone call from a former co-worker with the Kings. Her name is Stacy Wegzyn, and she works in HR. Jeff last remembers sitting in her office in Sacramento just months earlier, being told that the Kings were going to eliminate his position. After a few pleasantries, she gets down to business. She tells Jeff she’s been going through his old files, and in doing so she found one labeled “TurboTax” that references an entity called Sacramento Sports Partners.

“I was just curious what that is and if those are documents that should go to somebody else,” Wegzyn says.

It’s a seemingly innocuous inquiry from an HR lifer. But it’s one that will dictate the rest of Jeff David’s life. If he knows that — or senses it — he doesn’t let on.

“No, no, no,” Jeff responds. “That was a … man, this is taking me back. Maybe 2015?”

Wegzyn presses on. She asks Jeff whether the documents contain anything that anyone with the Kings needs to see. Jeff assures her they can trash them because the entity isn’t around anymore. A few minutes after he hangs up, his mother-in-law, Nancy, is standing at the front door when an FBI investigator appears, asking to speak to Jeff.

If you like the NBA or true crime – let alone both – I HIGHLY recommend reading Arnovitz’s full piece. It’s riveting!