18 Former NBA Players Arrested For $4,000,000 Fraud

Trusted sources reveal some horrific news about some of the former players of the NBA. According to NBC’s News Correspondent Tom Winter, 18 former NBA players were arrested. They were federally charged for allegedly defrauding the NBA for its Health and Welfare Benefit Plan. Those charged face a count of conspiracy to commit health care and wire fraud.

This list includes several well-known players. Like former NBA champions with the Boston Celtics Tony Allen and Glen Davis, former Clippers star Darius Miles and several other former stars of the league. They have allegedly defrauded the NBA of approximately $4 million. Here’s what Tom Winter tweeted about this potentially shameful incident.

What is the Health and Welfare Benefit Plan of the NBA?

The NBA’s Health and Benefit Welfare Plan provides health and welfare benefits to current and former NBA players, as well as their spouses and dependents. However, these benefits are subject to the eligibility requirements for each benefit. Currently, this plan is split into three separate programs.

The first program focuses on providing health reimbursements to players, former players, and their families under certain IRS rules. Subsequently, they aim the second program to provide coverage for medical and prescription drugs. This is limited to some eligible retired players and their families. Simultaneously, the third program’s objective is to provide Medical, Prescription Drugs, Dental, Vision, Life/AD&D, and Disability insurance coverage to eligible current NBA players and their families.

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Some iconic players involved in this case

Tony Allen: He was a shooting guard and backup small forward for the Celtics and Grizzlies for most of his career. Moreover, he is a six-time member of the All-NBA defensive teams. He won the championship with Boston Celtics in 2008.

Glen Davis: Davis was a Center and backup Power Forward for the Celtics and Orlando Magic for the majority of his career. He was a late second-round pick for the Celtics in 2007. Subsequently, he helped the Celtics lift his only NBA Championship ring.

Darius Miles: He was the former number 3 pick in the NBA Draft of 2000. Miles was a promising small forward and power forward. He played for four separate franchises. However, his only stint of success was when he was named in NBA’s All-Rookie First Team.

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