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

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Sports News // 3 years ago Ex-nba player tate george gets nine-year prison sentence Former NBA player Tate George was sentenced to nine years in prison on Thursday by a federal judge in Trenton, N.J.,

TRENTON, N.J. >> Former NBA player and University of Connecticut star tate george was sentenced Thursday to nine years in prison for running a real estate Ponzi scheme. A federal judge in Trenton.

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.

Ex-NBA player Tate George, who was sentenced to nine years in prison for running a $2 million real estate Ponzi scheme, has filed a fraud lawsuit against Jody Kriss and Michael "Chudi" Ejekam.

TRENTON, N.J. (AP) — 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.

Ex-NBA player Tate George sentenced to 9 years for fraud Former NBA player and University of Connecticut star Tate George was sentenced in a New Jersey federal court Thursday to nine years in prison.

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Former NBA player Tate George was sentenced to 9 years in prison for organizing a Ponzi scheme for more than $2 million, the New Jersey U.S. Attorney’s Office told PEOPLE. George, 47, of Newark, a first round draft pick of the New Jersey Nets who also played for the Milwaukee Bucks, was convicted in 2013 on four counts of wire fraud.

The farewell package for Truett Tate, who will step down from the state-controlled bank. He is expected to get a 12-month pay-off based on his basic salary, which was £656,000 last year, according.

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.