Former Kentucky Guard Kerr Kriisa Arrested by FBI in Alleged Multimillion-Dollar Fraud Case

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Former University of Kentucky guard Kerr Kriisa was arrested by FBI agents in Lexington and is expected to be extradited to West Virginia in connection with a reported fraud case.

The Fayette County Detention Center confirmed that Kriisa was being held there and said he was arrested on the evening of July 3, according to WKYT.

Because the matter is federal, the detention center told WKYT it could not release details about the arrest or charges. Bail had not been set as of the station’s report.

On3 reported that the allegations stem from Kriisa’s time at West Virginia during the 2023-24 season and involve a multimillion-dollar fraud scheme. WKYT reported that the FBI had not publicly released detailed allegations at the time of publication.

The Case Is Expected to Move to West Virginia​



Kriisa, 25, is expected to be transferred from Kentucky to West Virginia. On3 reported that a court hearing is scheduled for next week.

La Familia Said He Will Not Play in TBT​


The arrest came days after Kriisa was announced as a member of La Familia, Kentucky’s alumni team in The Basketball Tournament.

La Familia had said Kriisa was expected to make his debut in a best-of-three series against The Ville, a Louisville alumni team, beginning July 18 at Memorial Coliseum in Lexington.

After the arrest, La Familia said Kriisa would no longer compete in the TBT tournament and that the team would have no further comment.

He Played for Four College Programs​



Kriisa recently completed a six-year college career with stops at Arizona, West Virginia, Kentucky, and Cincinnati.

He played at West Virginia during the 2023-24 season, then spent the 2024-25 season at Kentucky. WKYT reported that he appeared in nine games for the Wildcats before a foot injury ended his season, averaging 4.4 points, 2.4 rebounds, and 3.8 assists per game.

Kriisa finished his college career at Cincinnati during the 2025-26 season, averaging 5.8 points and 3.0 assists in 19 games. La Familia had said he planned to begin his professional career in Estonia after TBT.

Awaiting Official Charges: Next Steps in the Kriisa Case​


The case now hinges on the upcoming charging record or court filing to explain what prosecutors allege happened. Until that filing is made public, any information regarding the financial figures, transactions, victims, and Kriisa's alleged involvement should be handled with caution as reported allegations rather than factual certainties. Verified updates will rely on federal court filings, the FBI, the U.S. Attorney’s Office, or direct communication from the court or detention authorities.

Anyone who believes they may have been affected by a similar fraud scheme should preserve payment records, messages, account statements, contracts, emails, and any names or phone numbers used, then report the case to local law enforcement and the FBI’s Internet Crime Complaint Center at IC3.gov.

Suspected investment or consumer fraud can also be reported to the FTC, while money sent through a bank, wire service, payment app, or cryptocurrency platform should be reported to that company as quickly as possible.

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