Eighteen former NBA players have been charged with defrauding the league’s health and welfare benefit plan out of about $4 million, according to the Department of Justice.
All of those charged have been arrested, according to NBC News — there will be a press conference held by the DOJ and FBI on Thursday to give more details.
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.
Former NBA players charged were: Terrence Williams, Alan Anderson, Anthony Allen, Shannon Brown, William Bynum, Ronald Glen “Big Baby” Davis, Christopher Douglas-Roberts, Melvin Ely, Jamario Moon, Darius Miles, Milton Palacio, Ruben Patterson, Eddie Robinson, Gregory Smith, Sebastian Telfair, Charles Watson Jr., Antoine Wright, and Anthony Wroten, according to NBC.
The 18 players were among 19 people 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.
The Associated Press contributed to this report.
This artical is first shown on Market Watch Source link Author on date 2021-10-07 15:47:00
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