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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Contents 2016); exnba player tate george sentenced star tate george Identity fraud risk Read 0 genuine Told people. george [2]. The Madoff scandal has secured its infamous place upon the. For example, in a recent Florida-heavy fraud,[14] the Woodbridge Group of Companies and the. Since 2009, economic frauds and Ponzi schemes, large and small,[18]..

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Multiple sources have told TMZ that they believe the former NBA star has relapsed and are trying to get him back on the straight and narrow. Scroll down for video According to the report, a group went.

In 2006 Pearlman was accused of being behind one of the biggest Ponzi schemes in. Pearlman was sentenced to 25 years in prison, with the condition that one month would be taken off his sentence for.

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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 January 21, 2016 Press NEW JERSEY-(ENEWSPF)-January 21, 2016.

Department of Justice Office of Public Affairs FOR IMMEDIATE RELEASE Thursday, January 21, 2016 Former NBA Player and CEO of the George Group Sentenced to Nine Years in Prison for Role in a $2 Million Ponzi Scheme C. Tate George, former NBA basketball player and the CEO of purported real estate development firm The George. Continue reading

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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 .5 million in restitution. He will also be on three years of supervised release after serving his sentence. References [ edit ]

Former NBA player Tate George was sentenced Thursday to nine years in prison for orchestrating a Ponzi scheme for more. Former NBA player Tate George was sentenced Thursday to nine years in prison.

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