Fraud sentencing drags on for ex-UConn player Tate George

The outcome could determine the length of George's sentence

Jim Calhoun, Tate George, Caron Butler
FILE - This Aug. 8, 2008, file photo shows former NBA and University of Connecticut player Tate George during the Jim Calhoun Celebrity Classic basketball game at the Mohegan Sun Arena in Uncasville, Conn. George, a former NBA player convicted of running a real estate Ponzi scheme returns to court to find out his sentence, Tuesday, Dec. 29, 2015. (AP Photo/Fred Beckham, File)

TRENTON, N.J. (AP) — Another day has passed in the New Jersey sentencing hearing for a former NBA player convicted of running a real estate Ponzi scheme.

Former University of Connecticut and New Jersey Nets guard Tate George appeared in federal court in Trenton on Tuesday for the continuation of a hearing that began earlier this month.

George has been jailed since his 2013 conviction on four counts of wire fraud. Each count carries a maximum 20-year sentence, but George is expected to face considerably less time.

Prosecutors contend he convinced people including NBA players to invest in his company but used their money to pay off earlier investors.

George is representing himself and disputing the amount of money prosecutors say people lost. The outcome could determine the length of George’s sentence.

This hearing will continue Wednesday.

Copyright 2015 The Associated Press

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s