TRENTON, NEW JERSEY – 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.
George was convicted more than two years ago on four wire fraud counts. His victims included current NBA player Charlie Villanueva, former player Brevin Knight and “The Apprentice” winner Randal Pinkett. They lost several hundred thousand dollars altogether, prosecutors said.
On the final day of a sentencing process that spanned several days beginning in December, George argued for more than an hour and a half for leniency while maintaining his innocence.