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Allen Iverson Is Not Broke After All

Contrary to numerous reports that former NBA MVP Allen Iverson was broke after having his bank account seized by a judge in Georgia to pay off an almost $860,000 jewelry bill, Peter Vecey of the New York Post reported that he learned from a person familiar with the situation that Iverson has an account worth $32 million that he cannot touch until he is 55, but does release $1 million to Iverson yearly.
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