RALEIGH (WTVD) --An ongoing investigation has revealed former North Carolina State football player Eric Leak provided improper benefits to an unnamed University of North Carolina at Chapel Hill student-athlete, according to warrants released Thursday.
The warrants stated that during a search of Leak's north Raleigh home in March, authorities discovered documents that revealed he violated the North Carolina Uniform Athlete Agents Act. However, the warrants did not reveal details surrounding the incident.
It did state at the time of the violation that Leak was not a registered athlete agent with the Securities Division of the North Carolina Department of the Secretary of State.
Authorities have been investigating Leak and his businesses Hot Shot Sports Management, LCC and Hot Shot Sports Management, Inc, for several months for his alleged involvement in a scheme that he fraudulently obtained funds from Keenan Allen, David Amerson, and other professional sports athletes.
According to the warrants, investigators found documents related to Allen, who is a wide receiver for the San Diego Chargers, and Amerson, who is a former defensive back for the Washington Redskins, during the search of Leak's home.
NC SBI investigators interviewed Allen and learned when Allen signed with the Chargers in May 2013 and then entered into an agreement with Leak that Leak would manage Allen's finances.
The search warrants said Leak allegedly obtained power of attorney under false pretenses and took out a $100,000 line of credit without Allen's permission, then opened a bank account under the name The Keenan Allen Foundation without Allen's knowledge.
An investigation revealed Leak used the funds from the foundation for his own personal use and expenditures. Allen also told investigators he never gave Leak permission to use his funds for Leak's personal use.
The warrants also stated Amerson alleged during an interview with investigators that Leak stole about $300,000 from his bank account.
Amerson told authorities that the account was supposed to contain the signing bonus he received when he signed with the Redskins, but when he went to close the account, he said he learned the money was gone.
Amerson said he then hired a new manager in early 2015 and learned Leak took the money. He said Leak later admitted he mismanaged Amerson's money, according to the warrants. Amerson said Leak also took out a $100,000 loan without his permission.
Leak is under investigation by the federal government on suspicion of Medicaid fraud.
In March, documents filed in U.S. District Court in Durham stated that Leak obtained nearly $9 million from Medicaid for his mental health business between 2012 and 2014 and moved more than $200,000 to his sports management company.
Four vehicles connected to Leak and his wife were included in a seizure warrant.
The documents showed a 2013 Porsche worth more than $137,000 was purchased for former N.C. State basketball player C.J. Leslie.
N.C. State banned Leak from campus in 2013 to try to prevent improper contact with athletes.
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