Ex-NBA player Tate George indicted in Ponzi case

(Reuters) - Tate George, a former National Basketball Association player who held himself out as the chief executive of a real estate firm, was indicted on four counts of wire fraud for allegedly running a $2 million Ponzi scheme targeting former professional athletes, prosecutors said.

Source: http://feeds.reuters.com/~r/reuters/sportsNews/~3/yWtJTeYcxgc/us-george-ponzi-idUSBRE82M1C820120323

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