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

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She was the Hollywood poker princess who hobnobbed with celebrities and raked in up to $4million a year before an encounter. and the trial of a disgraced former player who had been running a Ponzi.

TRENTON, N.J. (AP) – Former NBA player and University of Connecticut star tate george was sentenced in a New Jersey federal court thursday to nine years in.

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Merrill and Ledford have pleaded not guilty. Each man reportedly faces more than 200 years in prison if convicted. A Ponzi scheme is a fraudulent investing scam promising high with little risk to.

. a fellow former Connecticut basketball star had swindled him out of $250000, Get the news. Tate George, who hit a memorable buzzer beater for UConn to. fraud for allegedly running a Ponzi scheme related to a real estate. investment, plus 2% of the project's gross income for years.. 9 hours ago.

TRENTON, N.J. (AP) – 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.

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Ex-NBA player Tate George sentenced to 9 years for fraud. 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.

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