Baker Mayfield sues family-owned firm for $12 million over fraud claims
- Baker Mayfield and his wife are suing Camwood Capital Group for over $12 million in unauthorized fund transfers.
- The lawsuit details how the firm misused Mayfield's funds between 2018 and 2021 for operational costs.
- The case highlights alleged fraud involving family members and ongoing distractions for Mayfield as he continues his NFL career.
Baker Mayfield, a quarterback for the Tampa Bay Buccaneers, filed a lawsuit against Camwood Capital Group, an investment firm owned by his father, James, and brother, Matt. The lawsuit was submitted in the Federal court in the Western District of Texas and claims that from 2018 to 2021, the firm transferred over $12 million from Mayfield and his wife, Emily, without authorization. Allegations suggest that the firm utilized these funds for payroll and other operational expenses. As the situation unfolded, Mayfield became aware of the alleged misconduct but faced challenges in obtaining clarity as the defendants attempted to obscure information. Seeking compensation, Mayfield is demanding $11,741,000 plus interest and fees, amidst ongoing distractions related to his performance with the Buccaneers.