Former Kings Executive Jeff David Under Investigation On Fraud Charges

SACRAMENTO (CBS13) —A former Sacramento Kings executive is accused of siphoning funds meant for the team’s arena naming rights to a corporation used to purchase millions of dollars of real estate.
Federal investigators served a civil forfeiture complaint, seizing Southern California property purchased with money allegedly stolen from the Kings by Jeff David.
Documents obtained by CBS13 show David, who held the position of Kings chief revenue officer, and now holds the same position w