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David J. Phillip Eighteen former NBA players have been charged with defrauding their own health and welfare benefit fund of $4 million.
According to the indictment, the former players engaged in a widespread scheme to defraud the benefit plan by submitting false and fraudulent claims to get reimbursed for medical and dental expenses they never incurred,
Terrence Williams, a former first-round pick in 2009, got the scheme off the ground when he submitted a $19,000 fraudulent claim for chiropractic care that was never performed. He received a $7,600 payout as a result of the fraudulent claim.
Williams then recruited other players to participate in the scam. ESPN: The indictment said he then recruited other former NBA players to defraud the plan and offered to provide fraudulent invoices from a chiropractor and dentist in Southern California and a wellness office in Washington state. At least 10 of the former players paid kickbacks totaling […]
Read the rest of this story here: pjmedia.com
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The NBA pays these guys, right?