Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil Hydroworld Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries Former NBA player, ringleader of scheme on association's health plan, pleads guilty in fraud case By: FOXNews.com August 27, 2022 at 18:07 PM EDT Terrence Williams pleaded guilty to aggravated identity theft and conspiracy to commit health care and wire fraud. He will pay $2.5 million in restitution. Former NBA player Terrence Williams pleaded guilty to aggravated identity theft and conspiracy to commit health care and wire fraud on Friday.Williams, who played in the NBA for four seasons, was the ringleader of 18 players who were involved in a scheme to defraud the NBA's health care plan out of more than $5 million. CLICK HERE FOR MORE SPORTS COVERAGE ON FOXNEWS.COMAccording to the indictment, the players submitted fake invoices to the NBA's health benefit plan for reimbursements."Williams led a scheme involving more than 18 former NBA players, a dentist, a doctor, and a chiropractor, to defraud the NBA Players’ Health and Welfare Benefit Plan of millions of dollars," U.S. Attorney for the Southern District of New York Damian Williams said in a statement. "Williams also impersonated others to help him take what was not his — money that belonged to the Plan."EX-NBA PLAYER KERMIT WASHINGTON PLEADS GUILTY IN FRAUD CASEWilliams also created another email account to threaten a doctor who created fraudulent invoices for the former player. That account reached out to the NBA so the doctor could pay Williams. Authorities said Williams himself collected approximately $346,000 from the NBA.Williams has agreed to pay restitution of $2.5 million, and pay a fine of over $650,000.Williams' sentencing is scheduled for next January. He faces a maximum of 20 years in prison.Other players involved in the scheme include Sebastian Telfair and Glen "Big Baby" Davis. Related Stocks: Fancamp Exploration Ltd Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
Former NBA player, ringleader of scheme on association's health plan, pleads guilty in fraud case By: FOXNews.com August 27, 2022 at 18:07 PM EDT Terrence Williams pleaded guilty to aggravated identity theft and conspiracy to commit health care and wire fraud. He will pay $2.5 million in restitution. Former NBA player Terrence Williams pleaded guilty to aggravated identity theft and conspiracy to commit health care and wire fraud on Friday.Williams, who played in the NBA for four seasons, was the ringleader of 18 players who were involved in a scheme to defraud the NBA's health care plan out of more than $5 million. CLICK HERE FOR MORE SPORTS COVERAGE ON FOXNEWS.COMAccording to the indictment, the players submitted fake invoices to the NBA's health benefit plan for reimbursements."Williams led a scheme involving more than 18 former NBA players, a dentist, a doctor, and a chiropractor, to defraud the NBA Players’ Health and Welfare Benefit Plan of millions of dollars," U.S. Attorney for the Southern District of New York Damian Williams said in a statement. "Williams also impersonated others to help him take what was not his — money that belonged to the Plan."EX-NBA PLAYER KERMIT WASHINGTON PLEADS GUILTY IN FRAUD CASEWilliams also created another email account to threaten a doctor who created fraudulent invoices for the former player. That account reached out to the NBA so the doctor could pay Williams. Authorities said Williams himself collected approximately $346,000 from the NBA.Williams has agreed to pay restitution of $2.5 million, and pay a fine of over $650,000.Williams' sentencing is scheduled for next January. He faces a maximum of 20 years in prison.Other players involved in the scheme include Sebastian Telfair and Glen "Big Baby" Davis. Related Stocks: Fancamp Exploration Ltd