Charles Banks, who's alleged to have mishandled more than $20 million of investments by former San Antonio Spurs forward Tim Duncan, will reportedly be indicted on two counts of wire fraud Friday.
Adrian Wojnarowski of The Vertical reported Duncan filed a lawsuit against Banks, who's expected in court Friday for the unsealing of the wire fraud indictment, last year stating he misled him while serving as an adviser to the recently retired basketball player.
More to follow.