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

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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.

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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.

Unfortunately, life for George has taken a turn for the worse. Two years ago, George turned himself in to federal authorities on charges that he ran a Ponzi scheme that netted him more than $2 million.

TRENTON, N.J. (AP) 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.

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.

The Securities and Exchange Commission (SEC) has filed a lawsuit against two such individuals – Joseph Meli and Matthew Harriton – claiming the pair operated a Ponzi Scheme that involved reselling.

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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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.