ex-players engaged in a widespread scheme to get reimbursed for medical and dental expenses that were never actually incurred.
Eighteen former NBA players have been charged with defrauding the league’s health and welfare benefit plan out of about $4 million, according to an indictment Thursday in New York, the AP reported.
Federal prosecutors planned a news conference to describe the case that was brought in Manhattan federal court. By late morning, 16 of the defendants were in custody, authorities said.
According to the indictment, the ex-players engaged in a widespread scheme to get reimbursed for medical and dental expenses that were never actually incurred.
The scheme was allegedly 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.
According to the indictment, the scheme developed after Terrence Williams — who began his career as a first-round NBA draft pick in 2009 — submitted $19,000 in fraudulent claims to the plan in November 2017 for chiropractic care. The claims led to a $7,672 payout for Williams.
© Copyright LaPresse