Former NBA Player and CEO of the George Group Sentenced to Nine Years in Prison for Role in a $2 Million Ponzi Scheme

Former NBA player sentenced in Missouri to 6 years in federal prison for charity fraud scheme, filing false tax returns kansas city, Mo. – A former professional basketball player was sentenced to six years in federal prison Monday on charges related to an extensive charity fraud 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. 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.

TRENTON, N.J. — 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. A federal judge in Trenton also ordered George to pay $2.5 million in restitution and serve three years of supervised release.

Former NBA player Tate George was sentenced to 9 years in prison for organizing a Ponzi scheme for more than $2 million, the New Jersey U.S. Attorney’s Office told PEOPLE. George, 47, of Newark, a first round draft pick of the New Jersey Nets who also played for the Milwaukee Bucks, was convicted in 2013 on four counts of wire fraud.

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Former NBA Player Tate George Sentenced For Ponzi Scheme. The ex-Nets and Bucks player ran a Ponzi scheme that nabbed $2 million, authorities say. By Eric Kiefer, Patch Staff | Jan 21, 2016 5:50 pm ET.

Former NBA Star gets slam dunked into Prison Mr. George coming out of the Big House (Court House) According to the US Attorney’s Office in New Jersey, former NBA Basketball player with New Jersey Nets and Milwaukee Bucks, C Tate George was sentenced to 108 months or 9 years, for running a 2 million dollar ponzi scheme.

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police & fire Former NBA Player Tate George Sentenced For Ponzi Scheme The Newark resident and ex-Nets and Bucks player ran a Ponzi scheme that nabbed $2 million, authorities say.

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