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Several former NBA players are in trouble with the law for allegedly stealing millions of dollars from the NBA.
According to Tom Winter, 18 players were arrested on Thursday morning for allegedly defrauding the NBA’s health and welfare benefit plan out of $4 million.
BREAKING: 18 former NBA players have been arrested and charged federally for defrauding the NBA’s Health and Welfare Benefit Plan out of approximately $4,000,000, law enforcement officials say.
Reported by @jonathan4ny
and me.— Tom Winter (@Tom_Winter) October 7, 2021
Via AP
Eighteen former NBA players have been charged with defrauding the league’s health and welfare benefit plan out of about $4 million, according to an indictment Thursday.
According to the indictment, the ex-players engaged in a widespread scheme to defraud the plan by submitting false and fraudulent claims to get reimbursed for medical and dental expenses that were never actually incurred.
The 18 players were among 19 individuals charged in the indictment. It said that the scheme was carried out from at least 2017 to 2020, when the plan received false claims totaling about $3.9 million. Of that, the defendants received about $2.5 million in fraudulent proceeds.
Here are some of the players who were arrested.
More former players:
– Terrence Williams
– Alan Anderson
– Tony Allen
– Shannon Brown
– William Bynum
– Melvin Ely
– Christopher Douglas-Roberts
– Tony Wroten(2/2)
— Tom Winter (@Tom_Winter) October 7, 2021
Federal prosecutors will hold a news conference on Thursday afternoon to provide details on the case.
*LIVE EVENT* There will be a press conference today at noon to announce an indictment against 19 defendants, including 18 former NBA players for defrauding the NBA’s Health and Welfare Benefit Plan out of approximately $4,000,000. livestreamed on Facebook @USAOSDNY pic.twitter.com/TFrp6ayn5g
— US Attorney SDNY (@SDNYnews) October 7, 2021