Ex-NBA agent, Charles Briscoe, pled guilty to wire fraud conspiracy and admitted to faking an NBA player’s signature on a $1 million loan.[1] Although prosecutors requested an 18-month prison term, Briscoe will avoid prison time. [2] Instead, he was sentenced to spend the first six-months of his three-year supervisory period on home detention.[3] He will... Continue Reading →
Former professional wrestler Ted DiBiase Jr. was charged for his involvement in the largest corruption case in the history of Mississippi, a welfare fraud scheme where roughly $77 million was misappropriated from intended recipients. The funds were meant for low-income families in the poorest state in the nation; however, DiBiase and other wealthy, well-connected people... Continue Reading →
Photo Via: NBC New York 18 former NBA Players, a coach, and a player’s wife are being indicted on a $4M Health Care Fraud Scheme The Manhattan Federal Court, no not Madison Square Garden, will be up against 18 former National Basketball Association (“NBA”) players, an NBA assistant coach, and a player’s wife (19 defendants... Continue Reading →
Lost in the midst of a hectic December in the NFL was the federal indictment filed in the Eastern District of Kentucky alleging ten former players engaged in systematic healthcare fraud. According to prosecutors, the players defrauded the Gene Upshaw NFL Player Health Reimbursement Account Plan. The Plan was founded as part of the 2006... Continue Reading →