Jennifer Williams’ Husband Hit With One other Lawsuit Over $100K Ponzi Scheme—Extra Buyers Say They Bought SCAMMED!
Basketball Wives star Jennifer Williams’ new husband, Christian Walden—also referred to as Christian Gold—is as soon as once more underneath authorized hearth, as a second lawsuit has been filed by alleged victims accusing him of fraud.
The brand new civil swimsuit, first reported by lawyer and blogger Symone Redwine of the Woman, Is That Authorized? YouTube channel, claims Walden defrauded extra purchasers out of an extra $100,000. This follows a earlier lawsuit filed in February 2025 in Cobb County, Georgia, the place 21 plaintiffs alleged that Walden stole over $120,000 from them as a part of what they describe as a Ponzi scheme.
“These victims trusted him to speculate their cash, and as a substitute, he took it,” Symone defined. She additionally famous the core of the authorized challenge: Christian’s alleged assortment of advance charges from purchasers, which is illegitimate underneath SEC laws.
“That’s unlawful underneath the SEC pointers,” Symone stated. “It’s as a result of it’s the premise of most monetary fraud associated to investments. For those who earn money earlier than even investing the shopper’s cash, there’s no incentive to develop their portfolio.” She added, “As a substitute, licensed brokers are paid commission-based. They solely earn money in the event that they make you cash.”
Symone went on to make clear that people with felony data can turn into licensed merchants—however they have to absolutely disclose their felony historical past and procure particular clearance.
“You’d need to say how your life’s modified, the way you’re an excellent particular person… and it’s important to get licensed and insured,” she stated. The insurance coverage covers “errors and omissions,” a key requirement within the funding trade.
This rising controversy comes at a dramatic time for the couple, who tied the knot in Paris on September 14, 2024—simply days after Christian Gold was briefly jailed for violating probation associated to a earlier conviction for false imprisonment.
In line with TMZ, he was arrested on September 6 in DeKalb County, Georgia, for touring internationally with out notifying his probation officer and for failing to pay $12,500 in restitution. He was granted a brief launch to attend the marriage and later accomplished his 15-day sentence.
The present civil fits—now totaling over $220,000 in alleged fraud—additionally cite violations of the Georgia RICO Act and wire fraud statutes. Plaintiffs declare as much as 150 people nationwide might have been impacted by Christian Gold’s funding guarantees.
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Raissa Asunbo is a Content material Editor at All About The Tea. She lives in Toronto, Canada and enjoys studying, watching motion pictures, touring and spending time along with her household.
