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

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.

| April 25, 2016. 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 players. George is a former UConn basketball standout and played in the NBA for the New Jersey Nets and Milwaukee Bucks.

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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 players. George is a former UConn basketball standout and played in the NBA for the New Jersey Nets and Milwaukee Bucks.

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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,

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Former NBA Player’s Nine-Year Prison Sentence Affirmed for Role in a $2 Million Ponzi Scheme Jacqueline Gutierrez – Alterra Home Loans Former NBA Player’s Nine-Year Prison Sentence Affirmed for Role in a $2 Million Ponzi Scheme

Nevin Shapiro, a convicted Ponzi schemer, details the cash, gifts and. incarcerated for his role in a $930 million Ponzi scheme, has told. Sports' 11- month investigation, Hurricanes booster Nevin Shapiro described a sustained, eight-year. including nine former Miami players or recruits, and one former.