NASCAR driver’s dad allegedly scammed
According to a report in the Dallas Morning News Ibrahim was arrested last May on theft charges and three counts of securing and executing a document by deception, all felonies.
The jury's not-guilty verdict was delivered after seven hours of deliberations over the course of two days. When it was announced, it brought tears to Ibrahim’s eyes.
"I wish there was a word that would describe what I'm feeling," Ibrahim, 44, said as he was escorted out of the courtroom by the bailiff. "It's been hellacious. But this has restored my faith in American justice."
Despite Thursday's verdict, Ibrahim, who has said in the past that he is a Nigerian prince and has three teenagers, remained in the Collin County Texas Jail in lieu of $35,000 bail in connection with seven perjury charges relating to comments he made during bail hearings.
Ibrahim was accused of stealing money that Robert Richardson Sr. gave him to invest in the racing career of Richardson's 25-year-old son, Robert Richardson Jr.
The younger Richardson had been racing cars as an amateur but was looking for the next opportunity, Robert Richardson Sr. testified Monday, the opening day of the trial.
"When Junior played football, I'd buy him two or three balls a year," Richardson said. "Racing is something you can't teach. You have to do it. You have to experience it." Cupscene.com
12/06/07 A man accused of scamming the father of a NASCAR Busch Series driver from McKinney out of hundreds of thousands of dollars received seven additional charges of perjury for giving false testimony during his criminal and civil trials.
Adulmalik Ado-Ibrahim, who has several aliases, including Malik Ado-Ibrahim, Malik Ibrahim and Prince Malik Ado-Ibrahim, received seven third-degree felony counts of aggravated perjury from a Collin County grand jury last week stemming from alleged false statements he made during the pre-conference portion of his earlier felony trial and his civil trial, according to Collin County court records.
An earlier grand jury indicted Ado-Ibrahim, 43, back in March on a first-degree felony count of theft over $200,000 and a second-degree felony count of securing execution of a document by deception and filed the case in 380th District Court. The Collin County District Attorney’s Special Crimes Unit alleged Ado-Ibrahim stole about $625,000 from Robert G. Richardson Sr., of McKinney, father of Busch Series driver Robert Richardson Jr., by promising they would be deposited into a Bank of America trust account that did not exist. They also allege he stole $125,000 of the $625,000 from Richardson Sr. through four checks worth $31,250 each that he made out to Maverick Motorsports, Ado-Ibrahim’s company, according to the indictments.
The court issued a warrant under the name Malik Ibrahim and police officials arrested Ado-Ibrahim on May 2 in Los Angeles, Calif. He waived his extradition rights and officers returned him to McKinney for his court proceedings. He was placed in Collin County Detention Center on $1.5 million bond, according to court documents.
During the course of the trial, Ado-Ibrahim’s attorney Charles Woods, of Dallas, filed a motion to reduce his bail to $25,000. According to the defense’s motion, his attorney claims that Robertson Sr. entered into a contract with Maverick Motorsports, which claims to have specialized in race promotions. The motion doesn’t list a date when the two entered into the contract or what the contract was for, but notes that Richardson Sr.’s son, who currently races for Jay Robinson Racing, wanted to be a race car driver and had raced in several “sanctioned NASCAR events." The two eventually engaged in drafted settlement agreements that broke down in late 2005 and led Richardson Sr. to file a criminal complaint with the Collin County DA’s Office.
According to the indictments, the SCU alleges Ado-Ibrahim perjured himself seven times during hearings in his criminal trial and depositions in his civil trials. The SCU claims he made “inconsistent statements" regarding plane tickets he purchased to Malaysia during a deposition in his civil trial in which he was being sued by Precision Preparation, a liability company in North Carolina. He claims the tickets were paid through an account and given back to an unidentified woman and in another instance, he claims he doesn’t know if they were paid through another company, according to the indictment. McKinney Messenger