Former NBA Player Tate George Sentenced to 9 Years in Prison on Fraud Charges

January 21st, 2016 by Adam Wells Leave a reply »
Former NBA player Tate George has been sentenced to nine years in prison by a federal court judge in New Jersey.

The Associated Press (via ESPN.com) reported Thursday that Tate was convicted for "running a real estate Ponzi scheme," and the judge also "ordered George to pay $2.5 million in restitution and serve three years of supervised release."   

Per the AP report, George had previously been convicted on multiple wire fraud counts, with his victims including current Dallas Mavericks forward Charlie Villanueva and former NBA point guard Brevin Knight. 

Prior to the judge issuing his sentence, per the report, George spent "more than an hour and a half" asking for leniency and claiming he was innocent. 

"For the umpteenth time, I'm sorry—I'm sorry the projects got delayed," George said. "I don't sleep at night. I'm begging to go to the law library (in jail) to get the information out."

Per Samantha Henry of the Associated Press (via SFGate.com), in September 2011, George surrendered to authorities and was charged with running a Ponzi scheme:

Prosecutors claim ...

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