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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Ex-NBA player George sentenced to 9 years in prison February 10, 2016 08:06 Views: 123 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.

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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 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 investment fraud scheme, U.S. Attorney Paul J. Fishman announced.

A New Jersey Nets player lost his appeal of a nine-year prison sentence he received for his role in a $2 million real estate Ponzi scheme several years ago, authorities sad.

TRENTON, NJ-C. Tate George, former NBA basketball player and the CEO of purported real estate development firm The George Group, was convicted today on all counts on which he was indicted in.

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