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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TRENTON, N.J. — 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.

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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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.

Some of those ventures were charming, such as his years as a lounge player who a prison riot at the Atlanta Federal Penitentiary in 1987 to protest.

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