Live Bar News on August 4 according to previous reporters, 18 former NBA players were accused of defrauding about $4 million from NBA health and welfare programs, and were accused of being arrested.
According to the New York Post, in the above incident, former NBA player Terrence Williams, as the mastermind, was sentenced to 10 years in prison for compensation and confiscated a total of about 3.15 million dollars (compensation 2.5 million, fine 650000).
The 36-year-old Williams admitted in August 2022 that he planned to draw up 18 former players to defraud NBA’s health welfare plan. The prosecutor said that from 2017 to 2021, Williams and several other accomplices (including several doctors) submitted forged invoices full of spelling mistakes and inconsistencies, to reimburse medical expenses that have never been incurred. The prosecutor also said Williams had sent a threatening text message to a witness.
The FBI said Williams got a rebate of 346000 dollars in exchange. Williams also pretended to be employees of insurance companies and sent emails to other accomplices, threatening them to continue implementing the plan and asking them for more rebates.
According to The Associated Press, the judge said to Williams, “You are another player who squandered a lot of income in your professional basketball career. You should have enough money to maintain your life, but you didn’t.” It is understood that the income of the 18 players in this event, who only played in NBA, amounted to 0.343 billion dollars.
Williams was selected in basketable nets in the 11th round of the first round in 2009. After playing for basketable nets, rockets, Kings and Celtics, he moved to CBA and retired after playing for one season in Guangdong. Williams has 6 children, 2 of whom are adults.
It is reported that Sebastian terfield, a former NBA player and Marbury’s cousin, and Terence Williams planned the plan together. 13 of the 18 accused in the incident have pleaded guilty.
Related news: 18 former NBA players were arrested for defrauding about $4 million from the NBA health and welfare program.
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