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

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A federal jury convicted C. Tate George on four counts of wire fraud last fall. Each count carries a maximum 20-year prison sentence. The former NBA player will be sentenced Wednesday.

Victims include current NBA players. Tate George, a former basketball star at the University of Connecticut who spent four years in the NBA in the early-mid 90s, will spend the next nine years in prison for "orchestrating" a $2 million real estate Ponzi scheme, the Department of Justice announced last week.

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Former NBA player Tate George gets 9 years for running real estate Ponzi scheme. Ben Lane is the Editor for HousingWire. In this role, he helps set a leading pace for news coverage spanning the issues driving the U.S. housing economy and helps guide HousingWire’s overall direction.

She continued to record in the four years. player, Tate George, of Newark, has had some trouble with the law. The federal prosecutors who charged George in 2011 said the former Net passed himself.

PHILADELPHIA (AP) – A federal appeals court has upheld the nine-year prison term for former NBA player and University of connecticut star tate George for running a real estate Ponzi scheme. George.

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 Jersey and Milwaukee in the NBA, was sentenced Thursday by a federal judge in Trenton. He was convicted in 2013 on four wire fraud counts.

FAYETTEVILLE -One time Razorback and former NBA player Ronnie.. Armstead was arrested at 9:28 a.m. in Port Arthur, according to a. Black Sports: Ex-NFL star Darren Sharper gets 18 years for drugging, raping women. Black Sports: Former NBA Player Tate George Faces Sentence for Real Estate Ponzi Scheme