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Alabama man who stole $400,000 from elderly mother to gamble pleads guilty to securities fraud

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Alabama man who stole 0,000 from elderly mother to gamble pleads guilty to securities fraud


An Alabama man who spent nearly $400,000 at a casino using money stolen from his elderly mother pleaded guilty to securities fraud in connection with the scheme, prosecutors announced Monday.

Chad Svenby, 44, of Deatsville, secured power of attorney over his mother to withdraw $400,000 from her accounts from March 2017 to February 2018, said CJ Robinson, district attorney for the 19th Judicial Circuit of Alabama, and Alabama Securities Commission Director Amanda Senn.

Svenby claimed he was his mother’s caretaker to obtain the power of attorney.

Before Svenby got power of attorney, a protection order was filed against him due to “harassing behavior” toward his mother, prosecutors said.

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While Svenby claimed the $400,000 in withdrawals were for his mother’s benefit, most of it was spent at a casino and on himself.

Prosecutors did not say which casino Svenby spent his mother’s money but thanked Prattville police and Wind Creek Casino “for their cooperation and assistance throughout the investigation.” The casino has locations in Wetumpka and Atmore.

Svenby’s crime was discovered when he tried to change his mother’s will, raising suspicion of his conduct toward his mother with legal authorities, who contacted law enforcement.

Svenby’s mother died in September 2019.

Elmore County Circuit Court Judge Amanda Baxley scheduled Svenby’s sentencing for May 1.

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Philadelphia 76ers select Alabama guard Labaron Philon Jr. with 22nd pick in 2026 NBA draft

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Philadelphia 76ers select Alabama guard Labaron Philon Jr. with 22nd pick in 2026 NBA draft


The Philadelphia 76ers selected Alabama guard Labaron Philon Jr. with the 22nd overall pick of the 2026 NBA draft Tuesday night.

Philon is the first pick of the Mike Gansey era after he replaced Daryl Morey as the team’s president of basketball operations.

Who is Labaron Philon Jr.?

Philon, 20, led the Crimson Tide in scoring last season, averaging 22.0 points on nearly 40% shooting on 3-pointers. He was the focal point of one of the nation’s most potent offenses, as Alabama led the country in points per game in the 2025-26 season. The Crimson Tide (No. 16) finished the season with a 25-10 record and went 13-5 against conference opponents.

Philon, who helped lead Alabama to the Sweet 16 in the NCAA tournament, earned Third-Team All-American and First-Team All-SEC honors in his sophomore season.

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In 33 games last season for Alabama, Philon scored 725 total points, which is ranked third-most by a player in a single season in program history.

NBA commissioner Adam Silver shakes hands with Labaron Philon Jr. after he is drafted twenty-second overall by the Philadelphia 76ers during Round One of the 2026 NBA Draft at Barclays Center on June 23, 2026 in New York City.

Arturo Holmes / Getty Images


Philon was the 34th-ranked basketball recruit in the country entering his freshman season at Alabama, according to 247sports. The four-star guard initially committed to playing at Auburn, but decommitted. He then signed a letter of intent to play at Kansas, but didn’t play there, either. He then committed to the Crimson Tide in April 2024.

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Philon impressed as a freshman at Alabama and averaged 10.6 points in 37 games. He declared for the 2025 NBA draft but then withdrew and returned for his sophomore season, where he saw his scoring average jump more than 10 points.

Philon is a Mobile, Alabama, native and played at Baker High School in Mobile County, where he scored 2,334 points in three seasons. He was named the Class 7A Player of the Year twice. 

As a junior, he averaged 35 points, 6.2 rebounds and 3.9 assists and was named Alabama Mr. Basketball, which is given to the best high school boys’ basketball player in the state. Philon transferred to Link Academy, a boarding school in Missouri, for his senior year of high school.

Philon now joins a backcourt headlined by Tyrese Maxey and VJ Edgecombe heading into the 2026-27 season. Quentin Grimes could return to Philadelphia next season and add even more depth, but he’s an unrestricted free agent.

The pick the Sixers used to pick Philon was acquired in the deal that sent Jared McCain to the Oklahoma City Thunder at the trade deadline.

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Labaron Philon Jr. scouting report

CBS Sports had Philon ranked as the 14th-best prospect in the 2026 NBA draft.

Here are his strengths and weaknesses, according to CBS Sports:

Strengths

  • On-ball creator who made an extreme leap as a sophomore, ranking in the 99th percentile in isolations (was 24th percentile as a freshman) and 94th as a pick-and-roll handler (was 32nd percentile as a freshman). Combines smooth attack with sudden change of speed and direction, dexterity, and finishing craft in the lane.
  • Shot-maker who can make tough shots off both the catch (36% on contested catch-and-shoot 3-pointers), dribble (38% from deep), and has extreme gravity when he’s spacing the floor (46% on unguarded catch-and-shoot 3-pointers).
  • Shown pliability to thrive in different roles over the years and is a similarly versatile creator, because he’s a scoring threat at multiple levels and also an accurate, and somewhat creative, passer with both hands off the dribble.

Weaknesses

  • Inconsistent defensive approach. Showed more engagement and potential as a freshman, but couldn’t maintain that as a sophomore when taking on a bigger offensive role.
  • Lacks overwhelming physicality or highest level explosiveness, and didn’t add any notable muscle mass between his freshman and sophomore seasons (175 pounds at 2025 combine and 176 at 2026 combine).
  • Unclear how well his creation scales to the NBA level when he will have less usage and volume coupled by more physicality in opposing defenders.



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Alabama hits home with plans for Tuscaloosa 2027 Edge on official visit

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Alabama hits home with plans for Tuscaloosa 2027 Edge on official visit




Alabama football hosted a hometown kid for an official visit last weekend when it got Jeremiah Beverley on campus for an official visit.

Beverley attends Hillcrest High School in Tuscaloosa, Alabama, and ESPN currently has him rated as a four-star recruit. He is considering Alabama, Cincinnati, Wake Forest and others.

The Crimson Tide offered Beverley earlier this month and got him on campus for an official visit last weekend. The Alabama target told Touchdown Alabama he used the visit to learn what the Tide has planned for him if he commits.

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“I’m truly happy that I went on that official visit,” Beverley said. “Blessed for that. All I was talking about was the next step, what I got to do? So, just knowing what they have planned for me, knowing what they have set for me.”

At 6-foot-2 and 235 pounds, Beverley makes plays for Hillcrest-Tuscaloosa as a defensive end. Alabama has plans to use him similarly at the next level.

“They’re going to have me at wolf mostly,” Beverley said. “I know coach (Kane) Wommack and coach (Christian) Robinson, I think they see me at other positions, but I know it is guaranteed they’re going to see me at Wolf and me working my way up on special teams, and they expect that out of me.”

Beverley is expected to announce a commitment decision on Friday.

Watch Jeremiah Beverley’s Highlights Below:

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Alabama hires former college offensive lineman as assistant tight ends coach

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Alabama hires former college offensive lineman as assistant tight ends coach




Alabama football is hiring Noah Fisher to be its assistant tight ends coach, according to CBS Sports’ Matt Zenitz.

Fisher spent two seasons as a graduate assistant working with the offensive line and tight ends at Louisville before joining the Tide’s staff. He played three years on the offensive line at South Alabama and spent one season with Tulane. The Jaguars started Fisher along its offensive line when he was a player for multiple games.

The Crimson Tide appear to want to use their tight ends in multiple ways in the future including as extra blockers along the line of scrimmage. Fisher looks as if he can assist the Tide with this mission.

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