Former NBA player Tate George gets 9 years for running real estate Ponzi scheme

(Reuters) – Tate George, a former University of Connecticut star who later played in the National Basketball Association, was sentenced on Thursday to nine years in prison for running what prosecutors.

TRENTON, N.J. (CBSNewYork/AP) – Former New Jersey Nets player and UConn star Tate George has been sentenced to nine years in prison for running a real estate Ponzi scheme. George was. included.

Ex-NBA player Tate George sentenced to 9 years. George has been sentenced to nine years in prison for running a real estate Ponzi scheme.

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Another day passed Tuesday without a sentence in the fraud case of a former NBA player convicted of running a real estate Ponzi scheme. Former University of Connecticut and New Jersey Nets guard Tate.

Former UConn star and NBA first-round draft pick Tate George was sentenced Thursday in Trenton, N.J., to nine years in federal prison for running a $2 million real estate Ponzi scheme, Reuters.

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Dallas Mavericks coach Rick Carlisle called the move a "real. Former NBA player Tate George was sentenced to a maximum nine years in prison on January 21 for operating a Ponzi scheme that defrauded.

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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.

Tate George was one of the players who first. N.J., indicted for allegedly running a multimillion-dollar Ponzi scheme. How the mighty have fallen. "You’ve got to be kidding me. This is unbelievable.

On Tuesday, we celebrated 20 years since Tyus. court in New Jersey found George, 46, guilty of running an alleged $2 million real estate Ponzi scheme. The one-time Nets first-rounder, whose.

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TRENTON, N.J. (AP) – 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.