L.A. Clippers Announcer Mike Smith Goes To Court In Orange County To Face Grand Theft Allegation
Update: An Orange County jury acquitted him Tuesday. Smith says, "I'm relieved, obviously, but mostly I'm just grateful to the judge and jury who saw to it (that) the truth came out." First posted on Oct. 27 at 8:03 a.m.
When you borrow $735,000 from a pal and don't pay it back, is that grand theft? That's the quandary facing Clippers basketball announcer Mike Smith, whose trial on alleged grand theft from his late friend Bill Steinriede started in this week in Orange County.
We feel sorry for him: Not only does he announce for a team no one within 3,000 miles cares about, but his friend (the lender) died, and now he's facing serious charges thanks to an eager Orange County District Attorney's office.
Bill Steinriede died Oct. 5 from a brain tumor, but the trial is going forward.
According to our friends at OC Weekly, Smith wanted the cash to develop property in tony Dana Point. He hounded Steinriede until he agreed to put up his home as collateral for the money. Prosecutors argue:
Smith assured Steinriede that he would be the sole recipient of a promissory note; that the loan was billed as safe and guaranteed; that it would be repaid within two months; and that Smith would sell his own home before letting the investor lose his.
None of that happened.
Los Angeles Lakers vs. Washington Wizards
TicketsWed., Oct. 25, 7:30pm
UCLA Men's Soccer v Oregon State & UCLA Women's Soccer v Stanford
TicketsThu., Oct. 26, 4:30pm
CSUN Womens Soccer
TicketsThu., Oct. 26, 7:00pm
Los Angeles Lakers vs. Toronto Raptors
TicketsFri., Oct. 27, 7:30pm
UCLA Women's Soccer v California & UCLA Men's Soccer v Washington
TicketsSun., Oct. 29, 1:00pm
Is Smith a thief or just a sore loser?