Newly published videos show Daejon Love flashing cash, jewelry, luxury cars and homes he described as multimillion-dollar properties while federal prosecutors accuse him of using a wealthy San Francisco 49ers persona to draw women into an alleged $1.3 million investment scheme.
In one clip obtained by TMZ, Love says he turned $300,000 into roughly $15 million over four years. In another, filmed from bed, he tells a woman he has already spoken with his financial adviser about opening an investment account for her and suggests she start with about $1,000.
The woman told TMZ she met Love through Facebook Dating and stayed in intermittent contact with him for nearly two years. She said she became suspicious as his conversations kept returning to money, could not find him on the 49ers roster, ran a background check and ultimately sent him nothing.
The footage is a new development in a case Wealth of Geeks covered on August 28. Federal prosecutors have charged Love, 35, and Taylor Jamie Chan, 18, with conspiracy to commit wire fraud and wire fraud. Authorities say 26 women have been identified and financial records show approximately $1.3 million went to Love and Chan.
Love Claimed $300,000 Became About $15 Million
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TMZ’s footage shows Love presenting the kind of wealth prosecutors say supported his alleged personas. He displays cash and jewelry, appears around expensive vehicles and walks through properties he describes as multimillion-dollar homes.
The woman told TMZ that Love portrayed himself as coming from generational wealth and said he was looking for a “genetically superior” woman with whom he could start a family. His financial pitch eventually became more specific.
While recording from bed, Love says he discussed her with his financial adviser and could get an account opened for her. He claims the adviser normally works only with wealthy clients but would make an exception, then suggests she put about $1,000 of her savings into the investment.
Love tells her that he had grown $300,000 into approximately $15 million over four years. The woman said his repeated focus on money prompted her to investigate his background. She found no record of him on the 49ers roster and said a background check uncovered enough inconsistencies for her to walk away.
Love Said Five NFL Teams Had Pursued Him
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Another video shows Love describing an NFL career that federal prosecutors say did not exist. He claims Tyreek Hill and Antonio Brown were close friends whom he met through his wealthy family’s business connections and says training with NFL players eventually attracted interest from professional teams.
Love names the Raiders, Seahawks, Bills, Ravens and 49ers, claiming San Francisco offered him the most money. He also says he received a signing bonus, worked out with the team and attended meetings.
The football story went beyond conversations with the woman. Separate footage published by TMZ shows Love sitting at a table with paperwork in what appears to be a staged contract-signing scene. Federal prosecutors accuse him of falsely portraying himself as both a 49ers player and a wealthy real estate investor.
Prosecutors Say the Wealth Display Was Part of the Alleged Scheme
The U.S. Attorney’s Office for the District of Oregon says Love’s fictitious personas and displays of wealth appeared both online and in person. Prosecutors allege he convinced women they were in genuine romantic relationships with him before introducing purported investment opportunities.
Chan allegedly posed as the adviser who had helped Love build a fortune worth tens of millions of dollars. Investigators say the two exchanged investment messages that Love showed women, conducted three-way FaceTime calls displaying falsified gains and used phone applications to create fictitious bank and investment balances.
Some women were allegedly encouraged to take out personal loans when they did not have cash available. Prosecutors say none of the identified women they interviewed reported receiving investment proceeds, returns on their principal, or investment account information after sending money.
Love and Chan were arrested at Boise Airport on August 24 after investigators say Chan flew from California to meet Love and Love traveled to Idaho to meet new prospective victims. Both men were charged by criminal complaint. The charges are accusations, and both defendants are presumed innocent unless and until proven guilty.