Ex-NBA player Tate George gets 9 years in prison for Ponzi scheme. Former NBA player Tate George was sentenced to nine years in prison on Thursday by a federal judge in Trenton, N.J., for running a $2 million Ponzi scheme. The Sports Xchange. January 21, 2016 – 4:36 pm.
TRENTON, N.J. >> Former NBA player and University of Connecticut star Tate George was sentenced Thursday to nine years in prison for running a real estate Ponzi scheme. A federal judge in Trenton.
Ex-NBA player tate george sentenced to 9 Years for Real Estate Ponzi Scheme. Federal prosecutors said that 10 investors lost more than $2.5 million. Those investors included current NBA player Charlie Villanueva, former player Brevin Knight and "The Apprentice" winner Randal Pinkett. George, who called federal prosecutors "thugs.
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Don't hate the player: How a former NBA star built a real estate fraud. The shot that made Tate George was one of those moments that make you. To win, the 6- foot-5 guard would have to somehow get the ball past Clemson's.. 9, 2009 – more than two years after he had wired over the $300,000.
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Victims include current NBA players. Tate George, a former basketball star at the University of Connecticut who spent four years in the NBA in the early-mid 90s, will spend the next nine years in prison for "orchestrating" a $2 million real estate Ponzi scheme, the Department of Justice announced last week.
Judge Michael Grieve, who jailed the fund manager for seven years over the ‘utterly shameless’ con back in 2014, branded Wilson’s attempts at disclaiming his interest in the estate. shameless’.
Scroll down for video Today, William joined his close family and friends at St Michael’s Church to bid farewell to the former businessman. The 77-year-old, a member of the Tate. Estate in Norfolk.
Tate George, a former basketball star at the University of Connecticut who spent four years in the NBA in the early-mid 90s, will spend the next nine years in prison for "orchestrating" a $2.
Former NBA player and University of Connecticut star Tate George was sentenced in a New Jersey federal court Thursday to nine years in prison for running a real estate Ponzi scheme.