Former NBA Player’s Nine-Year Prison Sentence Affirmed for Role in a $2 Million Ponzi Scheme

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PHILADELPHIA — A federal appeals court has upheld the nine-year prison term for former NBA player and UConn star Tate George for running a real estate Ponzi scheme. george raised multiple issues,

PHILADELPHIA, P.A. – C. Tate George, former NBA basketball player and the CEO of purported real estate development firm The George Group, today lost his appeal of the nine-year prison sentence he received for his role in orchestrating a $2 million real estate investment ponzi scheme, Acting U.S. Attorney William E. Fitzpatrick announced.

PHILADELPHIA, PA – Former University of Connecticut basketball star and NBA player Tate George on Wednesday lost his appeal of the nine-year prison sentence he received for his role in orchestrating a.

burly golfing: gull McGregor 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 sentenced to 9 years for fraud.

The San Francisco Chronicle is reporting that Tate George, a former New Jersey Nets guard and the CEO of purported real estate development firm The George Group, was indicted today on charges of running a $2 million Ponzi scheme that targeted ex-professional athletes.

15 Long prison sentence: allen iverson. After spending four months in prison, the verdict was then overturned by Wilder and the Court of Appeals citing a lack of evidence. Iverson then completed his final year of high school and then played two years at Georgetown before becoming a Hall of Fame NBA player.

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