King Trial Witness Denies Seeing Fake Contract
An aide who prepared contracts for boxing promoter Don King testified Monday at his insurance fraud trial that she was never shown a contract King allegedly faked.
The aide, Gladys Rosa, said in federal court in Manhattan that the contract she watched WBC super-lightweight champion Julio Cesar Chavez sign in 1991 was for $1.5 million.
She said she never saw Chavez sign a contract for $2 million that included a paragraph referring to $350,000 in non-refundable training expenses. That clause was necessary for King to recover insurance money once the fight was canceled.
Prosecutors say King cheated Lloyd’s of London out of $350,000 by faking the front page of the contract for a June 28, 1991, bout between Chavez and Harold Brazier.
Chavez cut his nose badly two weeks before the fight and it was canceled.
King is charged with nine counts of mail fraud. Each is punishable by up to five years in prison and a $250,000 fine.
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