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

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Former NJ Nets player sentenced to nine years in Ponzi scheme. C. Tate George stole $2 million from investors who trusted him as a former NBA. in prison for his role in orchestrating a $2 million investment fraud scheme.. According to testimony in the case, George held himself out as the CEO of The George Group .

George, a former player for the New Jersey Nets and milwaukee bucks professional basketball teams, held himself out as the CEO of The George Group and claimed to have more than $500 million in assets under management.

Former NBA player tate george has been sentenced to nine years in prison by a federal court judge in New Jersey.. The Associated Press (via ESPN.com) reported Thursday that Tate was convicted for.

[2]. The Madoff scandal has secured its infamous place upon the. "The Failure of the SEC to Uncover Bernard Madoff's Ponzi Scheme," along. For example, in a recent Florida-heavy fraud,[14] the Woodbridge Group of Companies and.. ( Feb 2016); ExNBA Player Tate George Sentenced to Nine Years,

By Tom Costello of Costello Law Group Paul Greenwood, a former co-owner of the New York Islanders, was sentenced to ten years in prison on fraud charges. From 1996 through the beginning of 2009, Greenwood and his business partner, Stephen Walsh, used the businesses that they operated, Westridge Capital Management Inc. and WG [.]

Former NBA Player Tate George Sentenced to 9 Years for Real Estate Ponzi Scheme. Former NBA player Tate George was sentenced Thursday to nine years in prison for orchestrating a Ponzi scheme for more than $2 million, the New Jersey U.S. Attorney’s Office confirms to PEOPLE. George, 47, of Newark, a first round draft pick.

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.

Pete Barnes, 50, died from multiple injuries after the helicopter he was flying hit a crane on The Tower at St George Wharf, Vauxhall. shooting season and had been a customer for around nine years..

Billy McFarland, 26, Fyre’s co-founder, was sentenced last October in a federal court in Manhattan to six years in prison. He admitted to defrauding investors of $26 million and over $100,000 in a.