Dec 3, 2012, 8:19 AM EST
The Mets financial woes began with the Wilpons going into business with fraudster Bernie Madoff. In order to address those woes, the Wilpons decided to sell ownership stakes in the team. One stake went to Steven Cohen, who was recently named in a criminal indictment for insider trading.
Another went to James F. McCann, the CEO of 1-800-Flowers, a company which Steve Eder, Richard Sandomir and Alison Leigh Cowan of the New York Times reports, now has legal troubles of its own:
In March 2012, a group of online retailers was sued in federal court, accused of having participated in a cynical and longstanding scheme to cheat customers out of millions of dollars. One of the named defendants is 1-800-Flowers.com Inc., which says it is the world’s leading florist and gift shop … A recent legal filing by lawyers in the case asserted that “1-800-Flowers was well aware that its customers were getting defrauded.”
And then ask yourself why the Mets oweners can’t seem to partner up with anyone who isn’t shady.
- Highlights from the Robinson Cano news conference 20
- Report: Two agents rumbled in the parking lot at the Winter Meetings 31
- Mets sign 40-year-old Bartolo Colon for two years, $20 million 40
- MLB rules committee decides to eliminate collisions at home plate 63
- Mariners sign Corey Hart to incentive-laden deal 28
- Robinson Cano agrees to $240 million deal with Mariners (260)
- Not everyone is happy about home plate collisions being taken away (131)
- Report: Yankees have agreed to a three-year deal with Carlos Beltran (125)
- Brett Gardner is drawing “significant” trade interest (113)
- Managers, GMs to meet today to discuss the abolition of home plate collisions (113)