Fraud sentencing resumes for former NBA player Tate George

AP News
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Posted: Dec 30, 2015 11:06 AM
Fraud sentencing resumes for former NBA player Tate George

TRENTON, N.J. (AP) — Former NBA player Tate George is back in court in New Jersey to face sentencing on fraud charges.

The former University of Connecticut and New Jersey Nets guard 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 persuaded people, including NBA players, to invest in his company but used their money to pay off earlier investors.

George is representing himself and is disputing the amount of money prosecutors say people lost. The amount will be determined by a judge and could determine the length of George's sentence.

The sentencing hearing was held two days earlier this month, took a two-week break and then resumed Tuesday.