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But the prosecutors, Joseph Shumofsky and Zach Intrater, called for immediate arguing that George is a flight risk because he has powerful friends and, Vans Sneaker Boots
At trial, the prosecutors repeatedly pointed to a forensic audit by FBI Special Agents Abigail Weidner that tracked George income and payments and showed that as soon as investors gave big bucks for specific projects he was spending the money on personal needs.
The verdict came in after the jury of seven men and five women deliberated for about four hours, not counting lunch. Before deciding, they wanted to read the testimony of victim Randal Pinkett, the Rhodes scholar and Donald Trump prot Mbt Mens Running Shoes
His lawyer, federal Public Defender David Schafer, asked the judge to keep him out on bail until sentencing, saying he needs to stay home to help his mother, who took ill and was hospitalized on Friday.
George came to national attention in 1990 as a star at UConn who shot Shot to win a 1990 NCAA tournament game against Clemson. He later played professional ball with the New Jersey Nets, based near his hometown of Newark.
have good fortune after hitting The Shot. But fortune can change, the lawyer said, arguing that it wasn George fault that the public housing projects he led investors into never got off the ground.
Tate George found guilty on all counts in fraud trial
who gave George $100,000.
as he admitted during the trial, a box full of cash under his bed. area. In all, investors lost up to $7 million, Shumofsky said.
In closing arguments last week, Schafer said George always felt he Vans Blue And White
Early investors also were paid back Mbt Kaya Brown with money taken in from new victims who put up cash, prompting prosecutors to call it all a Ponzi scheme.
FILE This Aug. 8, 2008, file photo shows former NBA and University of Connecticut player Tate George during the Jim Calhoun Celebrity Classic basketball game at the Mohegan Sun Arena in Uncasville, Conn. George surrendered Friday, Sept. 23, 2011, to face charges stemming from what federal prosecutors say was a Ponzi scheme. Prosecutors say George used The George Group to run the more than $2 million investment fraud scam. On Monday, Sept. >> A federal jury found former UConn basketball great Tate George guilty of four counts of mail fraud today before the judge ordered him handcuffed and taken off to prison. Judge Mary L. Cooper ordered him locked up immediately.
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