Former NBA star pleads guilty to bilking league’s health insurance plan of $5 million – The Denver Post


A one-time NBA all-star pleaded guilty Friday to serving as the linchpin in a sprawling scheme that bilked the league’s health insurance plan out of $5 million.

Terrence Williams, 35, a first-round draft pick from Louisville who spent six seasons in the NBA with the Nets, Houston Rockets, Sacramento Kings, and Boston Celtics, admitted providing his teammates with fake invoices to submit phony claims in exchange for massive kickbacks between 2017 and 2021.

Williams is one of 18 former NBA players, including Coney Island’s Sebastian Telfair, who prosecutors indicted in October for collecting the crooked payouts for medical and dental services they never received.

The National Basketball Players’ Health and Welfare Benefit Plan provided services to current and former players and their families.

“Williams led a scheme involving more than 18 former NBA players, a dentist, a doctor, and a chiropractor, to defraud the NBA Players’ Health and Welfare Benefit Plan of millions of dollars. Williams also impersonated others to help him take what was not his — money that belonged to the Plan,” said U.S. Attorney Damian Williams.



Source link