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Iverson Bought New Wardrobe for Every Trip, Now Going Broke

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It is being reported that former NBA superstar Allen Iverson is now going broke.  While the star has not officially declared bankruptcy, his desperate attempts to play overseas and recent seizures of his bank accounts have let the cat out the bag.  Iverson has recently played on squads in Turkey and Puerto Rico.  Also, a Georgia judge froze Iverson’s bank accounts after he was unable to repay a jeweler for $900,000 in merchandise.

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James

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