Ex-NBA player Tate George indicted in $2M Ponzi scam
Ex-NBA player Tate George raised more than $2 million for his company, the George Group, after telling investors his real-estate development portfolio was worth $500 million, according to a four-count wire-fraud indictment
Tate George, a former player for the National Basketball Association's New Jersey Nets and Milwaukee Bucks, was indicted on charges of running a $2 million Ponzi scheme that targeted ex-professional athletes.
George, 43, raised more than $2 million for his company, the George Group, after telling
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