Phillies' Bohm Sues Parents for Misappropriating Millions

Philadelphia Phillies third baseman Alec Bohm filed a lawsuit against his parents, Daniel and Lisa Bohm, in a Philadelphia court this week, accusing them of misappropriating millions of dollars from accounts they managed on his behalf. The 29-year-old player alleges that his parents transferred funds from his personal accounts into limited liability companies they controlled and then used the money for their own expenses.

According to the complaint, the dispute stems from financial arrangements established in 2019, shortly after Bohm entered Major League Baseball as the third overall draft pick. His parents set up multiple LLCs to handle his growing earnings, taking a 10 percent stake in each that they described as a necessary formality for administrative purposes. Bohm maintains he retained full ownership of the assets within those entities, which were intended for investments such as securities and real estate purchases, including a 2024 transaction for property in his name.

The lawsuit claims that over time, Bohm's parents gained access to his personal accounts, depleted them by keeping only limited funds, and moved the bulk into the LLC-controlled accounts. Bohm alleges an...