January 23, 2024
Prosecutors have asked a Manhattan federal judge to sentence a financial planner to at least two years in prison for participating in a scheme to defraud NBA players out of millions of dollars, saying he helped to abuse the players' trust for profit.
November 09, 2023
A former NBA agent pled guilty to conspiracy to commit wire fraud in Manhattan federal court Wednesday, less than eight months after being accused of working with others in a scheme to defraud pro basketball players.
October 12, 2023
A former partner at an unnamed law firm admitted in Manhattan federal court Thursday to scamming multiple NBA players in an insurance scheme that netted him and a co-defendant millions.
August 01, 2023
A Manhattan federal judge on Tuesday put a former Morgan Stanley adviser and three other men accused of defrauding NBA players out of $13 million on track for a 2024 trial, amid what a prosecutor called active plea talks.
April 10, 2023
A former NBA player who was allegedly victimized by a Morgan Stanley investment adviser's $5 million fraud scheme recently texted the defendant warning him to "sleep with one eye open in jail," a Manhattan federal judge heard Monday.