Fraud sentencing drags on for ex-NBA player Tate George
TRENTON, N.J. (AP) Former NBA player and University of Connecticut star Tate George will have to wait until next month to find out his prison sentence for wire fraud.
George was in court Wednesday in Trenton, New Jersey, for the fourth day of his sentencing hearing. The judge ordered the parties to return Jan. 20.
George, who played for New Jersey and Milwaukee in the NBA, has been jailed since his 2013 conviction on four counts of wire fraud. He's contesting how much money investors lost.
Whatever the judge determines could affect the length of George's sentence.
Each fraud count carries a maximum 20-year sentence, but George could face less time.
Prosecutors contend he persuaded people, including NBA players, to invest in his company but used their money to pay off earlier investors.