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

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The widow of Bernie Madoff’s son who hanged himself was being sued for millions by victims of her father-in-law’s Ponzi scheme. a 150-year term in a North Carolina prison. Litigation has prevented.

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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.

Who Is Vermin Supreme? An Outsider Odyssey If sports were the only criterion, then the worst owner would be the one with the worst winning percentage every year. These people live in the real. by a Ponzi scheme. Twice. The Wilpons.

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2016-01-25  · Former NBA player Tate George was sentenced to a maximum nine years in prison on January 21 for operating a Ponzi scheme that defrauded investors of $2.55 million. The 19 victims in the long-running scheme included dallas Mavericks player Charlie Villanueva, like George a former standout player at the University of Connecticut.

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Tate George, a former player for the National Basketball Association’s New Jersey Nets and Milwaukee Bucks, was convicted on charges of running a $2 million Ponzi scheme that targeted. Group’s.

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Don’t hate the player: How a former NBA star 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 laws of time and space. It was March 21, 1990. The University of Connecticut was up against Clemson University in the Sweet 16 round of March Madness.

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