Tate George on trial for wire fraud

Go down

Tate George on trial for wire fraud Empty Tate George on trial for wire fraud

Post by k_j_88 Sat Sep 21, 2013 8:58 pm

TRENTON, N.J. -- A former NBA player best known for his 1990 NCAA tournament buzzer-beater for Connecticut is on trial in Trenton on federal charges of wire fraud.

Tate George is accused of carrying out a Ponzi scheme from 2005 to early 2011, netting him $2 million. He has denied wrongdoing.

Prosecutors say George used money investors sank into his purported real estate firm to pay previous investors or for home improvements and personal expenses.

Detroit Pistons forward Charlie Villanueva testified Tuesday that he was swindled out of $250,000 by his fellow UConn alum, The Trentonian newspaper reported.

George spent four seasons in the NBA with the New Jersey Nets and Milwaukee Bucks. But he's best known for catching a full-court pass and sinking a jumper at the buzzer to give UConn a victory in a 1990 NCAA regional semifinal against Clemson.

--

My Take: Oh the things people do when they aren't in the league anymore...


KJ
k_j_88
k_j_88

Posts : 4748
Join date : 2013-01-06
Age : 35

Back to top Go down

Back to top

- Similar topics

 
Permissions in this forum:
You cannot reply to topics in this forum