|Sep. 10 12:36 PM PT1:36 PM MT2:36 PM CT3:36 PM ET19:36 GMT3:36 12:36 PM MST2:36 PM EST23:36 UAE21:3615:36 ET2:36 PM CT18:36 - Miller has filed a lawsuit aimed at recovering what remains of $1.7 million he said he lost in a Ponzi scheme. The Argus Leader reports Miller seeks to recover his investment in RAHFCO Hedge Funds.
Analysis: In 2013, the Securities and Exchange Commission filed a complaint saying Randy Hansen of Sioux Falls, the public face of RAHFCO, and Vincent Puma of New Jersey concocted phony account statements that misrepresented their trading. Authorities say RAHFCO promised huge returns to new investors and used their deposits to pay off others. Miller's lawyer says his client has recouped a ''substantial amount'' of his $1.7 million, but sued Puma for the rest Sept. 4.
|July 27 8:30 AM PT9:30 AM MT10:30 AM CT11:30 AM ET15:30 GMT23:30 8:30 AM MST10:30 AM EST19:30 UAE17:3011:30 ET10:30 AM CT14:30 - A person familiar with the trade says the Cavaliers have traded Miller and center Brendan Haywood to Portland to create salary-cap room and save luxury-tax money.
Analysis: The Blazers are expected to cut Haywood, who barely played for Cleveland last season. Miller was signed last summer, bringing playoff experience and 3-point shooting to the Cavs, but he was hardly used in the playoffs.