Man chanced on responsible of dishonest ex-NBAers of $8M

Man chanced on responsible of dishonest ex-NBAers of $8M

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  • Brian Windhorst, ESPN Senior AuthorOct 4, 2024, 06:00 PM ET

    Conclude

    • ESPN.com NBA author since 2010
    • Coated Cleveland Cavs for seven years
    • Author of two books

A Georgia businessman modified into as soon as convicted Friday on five counts by a federal jury in Long island of defrauding veteran NBA avid gamers Dwight Howard and Chandler Parsons of a blended $8 million in 2021.

Calvin Darden Jr. modified into as soon as chanced on responsible of fraud, monetary institution fraud, money laundering and two assorted conspiracy counts. Darden modified into as soon as smitten by a pair of schemes with veteran NBA agent Charles Briscoe, who pleaded responsible to his characteristic in the case final year.

Prosecutors provided proof that Howard despatched Darden a $7 million price for what the veteran All-Smartly-known particular person idea modified into as soon as segment of an effort to aquire WNBA team the Atlanta Dream.

Parsons modified into as soon as tricked accurate into a flawed funding in the pattern of the profession of veteran No. 2 draft decide James Wiseman. Authorities lawyers have indicated they belief to argue for a sentence of 11 to 14 years for Darden, who modified into as soon as also convicted of a multimillion fraud plan in 2016.

The jury, which took five hours to put the decision after a two-week trial, modified into as soon as provided proof that Darden susceptible $6.1 million of Howard’s $7 million on two autos along side a Lamborghini, $110,000 on a piano, $90,000 on watches and to attend aquire a $3.7 million home in Atlanta. Howard testified against Darden all around the trial.

Briscoe obtained three months of home detention and three years of supervision for one depend of wire fraud final November.

The case modified into as soon as segment of a sweeping series of costs and arrests made by the Southern District of New York final year. Next year, a veteran Morgan Stanley monetary adviser, Darryl Cohen, is determined to stand trial as segment of a plan that the authorities alleges defrauded Boston Celtics significant particular person Jrue Holiday amongst others.

The Associated Press contributed to this describe.

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