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

Ex-NBA player Tate George has been sentenced to nine years in prison and ordered to pay $2.5 million in restitution for operating ] a real estate Ponzi scheme that cheated other current and former NBA players. George is a former UConn basketball standout and played in the NBA for the New Jersey Nets and Milwaukee Bucks.

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Former NBA Player and CEO of The George Group Char. Richard T. Brunsman Jr. Sentenced to 12 Years in P. Euirang "Chris" Hwang Sentenced for Operating $8.5. Moises Pacheco Sentenced to Prison for Operating a. Daren Palmer formerly of Idaho Falls, Sentenced in. Fourth Defendant Charged in Insider Trading Scheme.

Contents 2016); exnba player tate george sentenced Star tate george Identity fraud risk Read 0 genuine Told people. george [2]. The Madoff scandal has secured its infamous place upon the. For example, in a recent Florida-heavy fraud,[14] the Woodbridge Group of Companies and the. Since 2009, economic frauds and Ponzi schemes, large and small,[18]..

NEWARK-C. Tate George, former NBA basketball player and the CEO of purported real estate development firm The George Group, was indicted today by a Newark grand jury for allegedly orchestrating a.

Now is historiesTRENTON, NJ-C. Tate George, former NBA basketball player and the CEO of purported real estate development firm The George Group, was convicted today on all counts on which he was indicted in.

Former NBA player C. Tate George was sentenced Thursday to nine years in prison for bilking investors, including fellow players, out of $2 million in purported real estate investments that went.

Former NBA Player And CEO Of The George Group Sentenced To Nine Years In Prison For Role In A $2 Million Ponzi Scheme TRENTON, N.J. – C. Tate George, former NBA basketball player and the CEO of purported real estate development firm The George Group, was sentenced today to 108 months in prison for his role in orchestrating a $2 million investment fraud scheme, U.S. Attorney Paul J. Fishman announced.

TRD investigates how a former NBA star, Tate George, built a real estate fraud scheme around his basketball ties. The shot that made Tate George was one of those moments that make you question the.

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