# Million-Dollar Loan Scam Involving Fake QB | Annapolis News

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Text version: https://stenobird.com/podcast/annapolis-news-today-2-min-news-the-daily-news-now-7681562/million-dollar-loan-scam-involving-fake-qb-annapolis-news.md
Podcast: [Annapolis News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/annapolis-news-today-2-min-news-the-daily-news-now-7681562)
Published: 2026-07-11T20:25:28+00:00
Episode link: https://sources.thednn.ai/e439d15ec4d3fda7
Audio file: https://api.fastcast.ai/audio/dd468299-24e0-4a9b-b56c-0213b5e8c794.mp3
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Duration seconds: 82

## Resource

A Maryland lender is suing a capital firm and its CEO after $3.3 million was funneled into a fake Chase account impersonating NFL quarterback Michael Penix Jr.—a scam that exposed glaring due diligence failures and turned a high-stakes sports investment into a federal fraud case. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/e439d15ec4d3fda7

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