zzdcar
Home
/
Reviews
/
Racing
/
Driver Tied To Alleged $25 Million Scheme To Fund His Career Owes Former Team A Lot Of Money
Driver Tied To Alleged $25 Million Scheme To Fund His Career Owes Former Team A Lot Of Money-May 2024
2024-02-19 EST 22:11:19

Justin Boston’s career in NASCAR’s lowest national touring level, the Camping World Truck Series, wasn’t very long, but the aftermath of that stint has been. While Boston has run just 10 truck races total, repercussions of an alleged $25 million defrauding scheme that helped fund his racing career have yet to end.

Justin Boston ran nine races with former race team Kyle Busch Motorsports in 2015, with an . The family company, an electronic-waste recycling firm called Zloop and founded by his father, Robert Boston, and a business partner, Robert LaBarge, in 2012, sponsored his race truck.

After a May indictment said Robert Boston and LaBarge faced multiple charges of fraud and money laundering in connection with the company, reports that a North Carolina jury ruled that Justin Boston himself owes former race team Kyle Busch Motorsports nearly $450,000 for breach of contract.

Here are the full details on the ruling, from ESPN:

A North Carolina jury ruled last week NASCAR driver Justin Boston owes Kyle Busch Motorsports $442,561 for breach of contract, according to court records. Boston drove 9 truck races for KBM in 2015, and KBM sued Boston, Boston’s father and his father’s company, Zloop, alleging $650,000 in missed payments to fund Boston’s ride. Zloop eventually filed for bankruptcy, and Boston’s father was indicted on fraud allegations, including using investor money to fund Justin’s racing. As part of Zloop bankruptcy proceedings, KBM returned $462,500 of the $1.55 million it had received from the Bostons. KBM then went to trial to get that money from Justin. Justin’s attorney said an appeal is being considered.

But Justin Boston’s court rulings with Kyle Busch Motorsports, which released him during the season, are minor compared to the charges on his father: The May indictment charged Robert Boston, 53, and LaBarge, 50, of wire fraud, securities fraud, bank fraud and money laundering in connection with an alleged scheme involving Zloop.

The indictment against Robert Boston and LaBarge alleged that the two opened fraudulent credit lines and loans in order to buy expensive real estate, private planes, cars, a football suite. More than $500,000 from one credit line, the indictment alleged, went to fund Justin Boston’s rather average racing career.

Consider the consequences and don’t allegedly commit fraud in general, everyone, but really don’t allegedly commit fraud to go out on a race track and finish in the middle of the pack for a few races before you get caught.

Comments
Welcome to zzdcar comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Racing
Here Is Some of That Good Driving
Here Is Some of That Good Driving
You’re in your car. Surrounding you: honks, beeps, meeps, toots, bizz buzzes. What does not surround you? Good driving, as seen here, with the inimitable passing roughly 900 cars at the start of this race at Bathurst in Australia, then moving to overtake yet more cars on the grass. Jordan...
May 9, 2025
F1 Brazilian Grand Prix Will Continue at Brand-New Track in Rio, President Announces
F1 Brazilian Grand Prix Will Continue at Brand-New Track in Rio, President Announces
The contract for the - - at Interlagos in São Paulo expires next year. According to Brazil’s president, those troubles will be left behind for another city—and newly constructed race track—soon. Brazil’s president, Jair Bolsonaro, who is , tweeted on Wednesday that the Brazilian Grand Prix will continue after...
May 9, 2025
Rally Driver Shows Drifter How To Have A Good Time In The Dirt
Rally Driver Shows Drifter How To Have A Good Time In The Dirt
When you put Ken Block in an Escort Cosworth, it’s a party. When you invite Mad Mike Whiddett along for the ride, you just know things are going to get crazy. Ken’s Cossie World Tour is currently running its second leg this weekend in New Zealand at the Rally...
May 9, 2025
Red Bull Racing's New F1 Motorhome Is Nicer Than Every House I've Ever Been In
Red Bull Racing's New F1 Motorhome Is Nicer Than Every House I've Ever Been In
If you’ve ever wanted to witness an obscene display of wealth, look no further than . While, yes, we all know that the cars are expensive, we often forget about all the other shit that’s transported to the track—like, for example, Red Bull Racing’s absurd “motorhome” that looks more...
May 9, 2025
The 'Millennial-Inspired' NASCAR Race Car Is Actually Not That Bad?
The 'Millennial-Inspired' NASCAR Race Car Is Actually Not That Bad?
Back in November, a PR company for Busch Beer used the phrases “#Basic,” “V lit,” “lit AF” and “#Swag” all within the same email. It’s unclear whether eyes and/or brain of the person who wrote it spontaneously combusted afterward, but one thing was clear: that whatever this was would...
May 9, 2025
Can Your Car Do Fifth Gear Donuts? This 1,350-HP Dodge Viper Drift Car Can
Can Your Car Do Fifth Gear Donuts? This 1,350-HP Dodge Viper Drift Car Can
Of all the cars that have been made into drift cars, professional driver ’s is probably one of the coolest. Of course it keeps its V10 engine. Of course it has over a thousand horsepower. What else are you doing to do with it other than shred some tires?...
May 9, 2025
Copyright 2023-2025 - www.zzdcar.com All Rights Reserved