0 || 11.0 || .304 || .000 || .333 || 0.0 || 2.0 || 0.8 || 0.3 || 3.8 |- | align="left" | 1992–93 | align="left" | New Jersey | 2 || 0 || 11.0 || .286 || .000 || .000 || 1.5 || 3.0 || 0.5 || 0.0 || 2.0 |- class="sortbottom" | style="text-align:center;" colspan="2"| Career | 6 || 0 || 11.0 || .300 || .000 || .333 || 0.5 || 2.3 || 0.7 || 0.2 || 3.2 |} Ponzi scheme George founded The George Group, a real estate development firm based in West Orange, New Jersey. On September 23, 2011, George surrendered to authorities on fraud charges related to his alleged operation of a Ponzi scheme while CEO of The George Group. On September 30, 2013, George was found guilty on four counts of federal wire fraud. Each count carries a penalty of up to 20 years in prison and a $250,000 fine. His bail was immediately revoked, and was scheduled to be sentenced January 16, 2014. On January 21, 2016, in New Jersey federal court, George was sentenced to nine years in prison for his involvement in the aforementioned Ponzi scheme. Upon his release he is ordered to pay $2.5 million in restitution. He will also be on three years of supervised release after serving his sentence. In September 2020, the United States Court of Appeals for the Third Circuit affirmed a 2019 Tax Court decision that George was liable for unpaid taxes on his NBA pension payment for 2013. George had argued that his incarceration should excuse his failure to file a return or to pay tax beyond the amount withheld from his pension payment. He was released from prison in 2021. References External links College & NBA stats @ basketballreference.com The George Group One on One with Tate George @ nbrpa.com (May 6, 2005 article) Success, by George! by Phillip Lee (Oct 6, 2008 article) 1968 births Living people African-American basketball players American businesspeople convicted of crimes American men's basketball players American real estate businesspeople American white-collar criminals Basketball players from Newark, New Jersey Connecticut Pride players Fort Wayne Fury players Milwaukee Bucks players New Jersey Nets draft picks New Jersey Nets players Point guards Quad City Thunder players Rockford Lightning players Sportspeople from Newark, New Jersey UConn Huskies men's basketball players Union Catholic Regional High School alumni 21st-century African-American people 20th-century African-American sportspeople