Former NBA player's fraud sentencing delayed

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Associated Press

Posted on June 18, 2014 at 12:38 AM

Updated Wednesday, Jun 18 at 10:38 AM

TRENTON, N.J. (AP) — A sentencing for a former NBA player convicted of ripping off investors in a Ponzi scheme has been pushed back.

Tate George was to have been sentenced in federal court in Trenton on Wednesday. But after a status conference between attorneys and the judge, it was decided to hold the sentencing in August.

Prosecutors say that will give more time for both sides to file pre-sentencing papers.

George was known for a buzzer-beating shot in the NCAA Tournament for UConn in 1990.

He was convicted last fall on four wire fraud counts.

Prosecutors say George got others — including other pro athletes — to invest in what they thought was a real estate opportunity.

George allegedly used the money to pay back other investors and for personal expenses.

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