After Losing Millions To Nigerian Scammers, A Bankrupt Boris Becker Is Liquidating His Assets

Be A Financial Adviser to yourself. Don't trust Financial Managers. They only suck your money in.

try gofund me ???

This is really sad news. After reading the article it was a combination of bad business decisions that brought calamity. The headline made it seem as if those wonderful Nigerians were fully to blame when the facts tell a different story.
I hope he can pull himself together and prosper just like before. Hmmm....He could even subscribe to a demo account and learn how to trade. He may have better luck within the buoyant Forex market.

Greed and disaster. Else why a German investing in Nigeria...Didn't get any other country even home country? Imao

This has scam written all over it...maybe he has debts he doesn't want to pay, maybe alimony...so he declares bankrupcy. Nigerian scammers...yeah, right. lol

The money he earned on the court was spent on a divorce, an extravagant lifestyle, failed business projects and settling unpaid tax bills. Bingo!!!

The slide continued: while his wife, Barbara, was in hospital expecting their second child, Becker was seducing Angela Ermakova at the Nobu restaurant in London. DNA confirmed that he was the father of Ms Ermakova’s daughter and the subsequent divorce and child maintenance cost him almost £20 million. In 2002 Becker avoided jail in Germany for tax evasion after repaying €3 million.

Alas, some seeds of the upcoming financial disaster emerged early on, most notably when he lent his name to ‘Boris Becker Tower’, a 23-story residential and commercial tower located in Business Bay, Dubai, which was a financial disaster.

You pay for your mistake.

moral of the story is when responding to Nigerian emails always have a tight stop loss.

It takes hard work or smart work to make money but it requires financial knowledge to keep it or grow it. Blame yourself if you invested wrongly. You should do your due diligence. Besides invest where you are most familiar. You can't force Warren Buffet to those kind of schemes. Don't blame Nigerians or anyone, blame your unwise or greedy self.

He engaged the services of a canadian group to invest on his behalf, in an area where he was never trained. Don't trust any financial adviser, they are out there to get there cut.

Blame his losses on lack of understanding, greed and lack of financial education, the company you keep determine how your life goes, the way you set your mind to think and the information you feed your soul is the sail that moves your life, does not matter whether it was Nigeria he invested in or not. I have had some "smart" guys call me with with a US number, with an Indian accent claiming they were from IRS and that l was owing the IRS 5 years in tax And that a letter was sent from the police headquaters inviting me for interrogation, but that if l wanted any help their legal team would bail me out for. I thought of it, l have not lived in the US for up to 5 yrs and presently was looking for a job, how could l be owing the IRS, so l told the guy that am waiting for the police to come , that he should send them quickly, he responded sharping that l would end up in jail , that my unpaid tax was over $5000, and that their legal team that works as an independent subsidiary to the IRS was set up to help people like me, l said , ok let the letter arrive first and let the police show up and am ready to go to the IRS office to talk the issue . the phone went mute after the caller shouted that l will end in jail, till today, no police, no jail.

Idiotic on so many levels. He paid a total of $40M+ to his ex-wife and mistress (who wasn't using birth control when he messed around with her). That alone can financially ruin most mortals, but to add insult to injury, this guy piled on massive debts AFTER his career was over.

Moral of the story - if you're a rich moron (as most professional athletes are), at least recognize it early on and hire a decent financial advisor.

hey, explain to me why SHE should have used birth control when HE messed around with her?

perhaps i am sorry to say she was a gold digger no birth control = child = child support . he was a easy target and she used it

The headline is misleading. Nigerian “scammers” cannot be blamed for his negligence and the resultant bankruptcy.

Now every failed business man or failed investor will blame it on Nigerian scammers.SMH