Former NBA Player’s Nine-Year Prison Sentence Affirmed for Role in a $2 Million Ponzi Scheme

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3 Jack Molinas – Bribing Other Players. Due to his actions at Columbia, he was banned from the NBA after 32 games, and due to his actions in 1961, he was sentenced to 15 years in prison, which he only ended up serving five years of.

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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 Contents Vehemently denies" allegations Scheme. morgan stanley Super bowl parties!

| April 25, 2016. Ex-NBA player tate george has been sentenced to nine years in prison and ordered to pay $2.5 million in restitution for operating ] a real estate Ponzi scheme that cheated other current and former NBA players. George is a former UConn basketball standout and played in the NBA for the New Jersey Nets and Milwaukee Bucks.