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.
Former NBA Player and CEO of The george group char. Richard T. Brunsman Jr. Sentenced to 12 Years in P. Euirang "Chris" Hwang Sentenced for Operating $8.5. moises pacheco sentenced to Prison for Operating a. Daren Palmer formerly of Idaho Falls, Sentenced in. Fourth Defendant Charged in Insider Trading Scheme.
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"This former nba player abused his fame and status to. was sentenced to six years in federal prison.. an investigation into a piracy scheme "in excess of $100 million worth of illicit.
UConn basketball icon tate george was sentenced to the maximum nine years in prison Thursday after being convicted of operating a real estate Ponzi scheme in which investors lost $2.55 million.
Former NBA Player and CEO of the George Group Sentenced to Nine Years in Prison for Role in a $2 Million Ponzi Scheme 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, announced U.S. Attorney Paul J. Fishman for the District of New Jersey.
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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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POCATELLO-Daren Palmer, 42, formerly of Idaho Falls, was sentenced in federal court today to eight years in prison for his role in a Ponzi investment scheme in which investors lost over $29 million, U.S. Attorney Wendy J. Olson announced. U.S. District Judge Edward J. Lodge ordered Palmer to pay $29,842,731 in restitution.
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