Ex-NBA Player Tate George Sentenced to Nine Years in Prison – Breaking911

Ex-NBA Player Tate George Sentenced to Nine Years in Prison – Breaking911

Law360, New York (January 21, 2016, 9:12 PM EST) — Former NBA player C. Tate George was sentenced Thursday to nine years in prison for bilking investors, including fellow players, out of $2 million.

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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.

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Ponzi scheme. On January 21, 2016, in New Jersey federal court, George was sentenced to nine years in prison for his involvement in the aforementioned Ponzi scheme. Upon his release he is ordered to pay $2.5 million in restitution. He will also be on three years of supervised release after serving his sentence.

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Gibson appeared to be holding back tears, and had blood on his mouth. Duane Davis, who has become a public figure for his criticism of Baltimore Police in recent years, thanked the cop is his Facebook.

TRENTON, N.J. – Former NBA player and University of Connecticut star Tate George has been sentenced to nine years in prison for running a real estate Ponzi scheme. George, who played for New Jersey.

Blog Posts in Wire Fraud. 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. Two former Houston oil supply company executives – Franklin Marsan, 51, of Spring, Texas, and Eduardo Betancourt, 48,

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