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

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James Fry, 59, was sentenced to 17½ years in prison for his role in the Tom Petters Ponzi scheme. Fry was the manager of the hedge fund, Arrowhead Capital Management , which had received over $30 million in commissions.

Central High School has at least nine. should say hello. The Wolves' Howl Volume IV, Issue 1. Page 2. Pictured:.. Reasons to. Look Forward to Fall pg. 2. Player Profile: Austin Timm pg.. be several million years old or. role models, and also provide.. ing scheme. of prison time, and the possi-.

Molinas had been a key figure in the scandal, serving as a go-between for the mob and players they wished to bribe. While the NBA banned Molinas for life, the courts were a little more lenient. They handed him a ten to 15 year prison sentence for his role, but Molinas was out in just five years.

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Individuals sentenced in schemes valued over $100,000,000 received a median 168 months (14 years) and will spend on average 21 days in prison for each $1 million dollars stolen. By comparison, the average federal sentence for robbery in 2015 was 117 months with a median loss of $2,898. Therefore, robbers are sentenced to 40,372 months in prison.

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PHILADELPHIA (AP) – A federal appeals court has upheld the nine-year prison term for former NBA player and University of Connecticut star Tate George for running a real estate Ponzi scheme.

Law360 (August 15, 2018, 4:21 PM EDT) — A former NBA player has called on a New Jersey federal court to throw out his conviction and nine-year prison sentence for bilking real estate investors out of more than $2 million in a Ponzi scheme, citing allegedly ineffective legal assistance by his former attorney and purportedly false testimony by.