King Fingers Accountant

With Mike Tyson watching, boxing promoter Don King blamed his accountant for making up $350,000 in expenses to cheat Lloyd’s of London of the money after a 1991 championship bout was canceled.

The defense rested late in the day after King completed three days of testimony. He was the only witness called by defense lawyer Peter Fleming Jr.

King said he knew nothing about his company, Don King Productions Inc., filing documents with insurance adjusters claiming Chavez had been paid $350,000 in training expenses that could not be recovered.

Assistant U.S. Attorney Paul Gardephe asked him if the $350,000 figure was made up by his former accountant Joseph Maffia.

“It was made up, yes,” King said.