• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

'We didn’t see this coming': Wall Street eats its forecasts as stocks sell off globally on fear of AI bubble ahead of SpaceX IPO

2

Gen Zers are arriving at college unable to even read a sentence—professors warn it could lead to a generation of anxious and lonely graduates

3

Trump, who has repeatedly called climate change fake, is now threatening Brazil with tariffs over the deforestation of the Amazon

1

'We didn’t see this coming': Wall Street eats its forecasts as stocks sell off globally on fear of AI bubble ahead of SpaceX IPO

2

Gen Zers are arriving at college unable to even read a sentence—professors warn it could lead to a generation of anxious and lonely graduates

3

Trump, who has repeatedly called climate change fake, is now threatening Brazil with tariffs over the deforestation of the Amazon
NBA

18 former NBA players charged in $4 million health care fraud scheme

By
Tim Reynolds
Tim Reynolds
,
Larry Neumeister
Larry Neumeister
, and
The Associated Press
The Associated Press
Down Arrow Button Icon
By
Tim Reynolds
Tim Reynolds
,
Larry Neumeister
Larry Neumeister
, and
The Associated Press
The Associated Press
Down Arrow Button Icon
October 7, 2021, 12:25 PM ET

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.

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 defraud the plan by submitting false and fraudulent claims to get reimbursed for medical and dental expenses that were never actually incurred.

The 18 players were among 19 individuals charged in the indictment. It said that the scheme was 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.

A request for comment to the league wasn’t immediately returned.

Among those charged was Anthony Allen, a six-time All-Defensive team selection and a member of the 2008 champion Boston Celtics. His wife was also indicted. For the most part, though, the ex-players charged had journeyman careers playing for several different teams and never reached anywhere close to the enormous stardom or salary that top players command.

Another former player charged in the scheme was Sebastian Telfair, a one-time high school star in New York who was highly touted when he turned pro, though his NBA career with eight franchises never brought the stardom some had expected.

Those charged also included four NBA champions. Ronald Glen Davis, along with Allen, was part of that 2008 title team in Boston. Shannon Brown won two championships with the Los Angeles Lakers, and Melvin Ely won a title with San Antonio in 2007.

Among others who were charged, Anthony Wroten, Ruben Patterson and Darius Miles were the only players who averaged double figures for their NBA career.

Wroten averaged 11.1 points in 145 career games. Patterson averaged 10.7 points per game with six different teams. Miles, the No. 3 pick in the 2000 draft, averaged 10.1 points per game and played with four different franchises.

More must-read business news and analysis from Fortune:

  • CVS Health is about to turn hundreds of its drugstores into health care super-clinics
  • 2021’s Most Powerful Women
  • Another round of student loan forgiveness looks imminent—it could come this week
  • She ran Bumble’s IPO while being treated for breast cancer. Now she’s becoming a CEO
  • Can new CEO Fidji Simo turn Instacart into more than just a delivery company?

Subscribe to Fortune Daily to get essential business stories straight to your inbox each morning.

About the Authors
By Tim Reynolds
See full bioRight Arrow Button Icon
By Larry Neumeister
See full bioRight Arrow Button Icon
By The Associated Press
See full bioRight Arrow Button Icon

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in

Best Workplaces in New York
Best Small and Medium Workplaces in New York
By FortuneJune 9, 2026
13 minutes ago
Best Workplaces in New York
Best Large Workplaces in New York
By FortuneJune 9, 2026
13 minutes ago
noah
SuccessMedia
This CEO keeps going viral for thirst-trapping journalists with $200,000 jobs to be head of content. Yes, he’s trying to prove a point
By Nick LichtenbergJune 9, 2026
13 minutes ago
Boris Cherny, head of Claude Code at Anthropic and Fortune's AI Editor Jeremy Kahn on June 8, 2026 at the Fortune Brainstorm Tech conference in Aspen.
NewslettersCFO Daily
The man behind Claude Code says you’re comparing AI costs to the wrong thing
By Sheryl EstradaJune 9, 2026
36 minutes ago
The Big Story: SpaceX IPO means more to the Gulf than you might expect
NewslettersFortune Gulf Brief
The Big Story: SpaceX IPO means more to the Gulf than you might expect
By Melissa HancockJune 9, 2026
37 minutes ago
‘We expect it to leak’: OpenAI is frontrunning the narrative around its $1 trillion IPO
AIMarkets
‘We expect it to leak’: OpenAI is frontrunning the narrative around its $1 trillion IPO
By Jim EdwardsJune 9, 2026
48 minutes ago

Most Popular

'We didn’t see this coming': Wall Street eats its forecasts as stocks sell off globally on fear of AI bubble ahead of SpaceX IPO
Economy
'We didn’t see this coming': Wall Street eats its forecasts as stocks sell off globally on fear of AI bubble ahead of SpaceX IPO
By Jim EdwardsJune 8, 2026
1 day ago
Gen Zers are arriving at college unable to even read a sentence—professors warn it could lead to a generation of anxious and lonely graduates
Success
Gen Zers are arriving at college unable to even read a sentence—professors warn it could lead to a generation of anxious and lonely graduates
By Preston ForeJune 7, 2026
2 days ago
Trump, who has repeatedly called climate change fake, is now threatening Brazil with tariffs over the deforestation of the Amazon
Environment
Trump, who has repeatedly called climate change fake, is now threatening Brazil with tariffs over the deforestation of the Amazon
By Sasha RogelbergJune 8, 2026
15 hours ago
Current price of oil as of June 8, 2026
Personal Finance
Current price of oil as of June 8, 2026
By Joseph HostetlerJune 8, 2026
22 hours ago
'The golden years are not golden': Boomers are hoarding most of America's wealth and power because they're terrified of outliving their money
Economy
'The golden years are not golden': Boomers are hoarding most of America's wealth and power because they're terrified of outliving their money
By Nick LichtenbergJune 7, 2026
2 days ago
Current price of silver as of Monday, June 8, 2026
Personal Finance
Current price of silver as of Monday, June 8, 2026
By Joseph HostetlerJune 8, 2026
22 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.