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Eighteen former NBA players charged with defrauding league’s health plan By Reuters


© Reuters. FILE PHOTO – The NBA logo is seen as customers pass the NBA Store in New York City on October 7, 2019, U.S.A. REUTERS/Brendan McDermid

NEW YORK (Reuters), Eighteen former players of National Basketball Association were arrested Thursday on charges related to defrauding league’s welfare and health benefit plans. The total amount was approximately $3.9 Million.

A Manhattan U.S. District Court Indictment states that players filed false claims of reimbursement for services not rendered and were awarded $2.5 million fraudulent proceeds.

Terrence Williams was the ringleader and recruited players through false invoices. In exchange, kickbacks totaled $230,000. The indictment stated that Terrence Williams also helped three other defendants obtain bogus letters of medical necessity.

Williams played from 2009 through 2013 for three teams, including the New Jersey Nets.

Others who were indicted include Alan Anderson and Tony Allen with his wife Desiree. Shannon Brown, Will Bynum. Glen Davis. Chris Douglas-Roberts. Melvin Ely. Melvin Ely. Jamario Moon. Darius Miles. Milt Palacio. Ruben Patterson. Ruben Patterson. Eddie Robinson. Greg Smith. Sebastian Telfair. C.J. Watson, Antoine Wright and Tony Wroten.

It was not possible to identify the names of lawyers for defendants immediately. The NBA didn’t immediately reply to inquiries for comment.

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Mike Robinson
Mike covers the financial, utilities and biotechnology sectors for Street Register. He has been writing about investment and personal finance topics for almost 12 years. Mike has an MBA in Finance from Wake Forest University.