Monday, September 27, 2010

Former NBA Star Pleads Guilty to Fraud: Black Athletes Wake Up




Former NBA star and Michigan State player Jay Vincent pleaded guilty to two major felonies this week. Both involved his creation of a $2 million scam that was perpetrated on the Internet.

The two charges to which Vincent pleaded guilty were mail fraud and filing a false tax return. The charges were filed in federal court in Grand Rapids, Michigan. He is set to appear in court again on Tuesday.

Vincent owes $110,000 in unpaid taxes, and may see time in prison. Prosecutors have not yet announced his likely sentence and it didn't appear in court papers. Vincent played with Magic Johnson on the 1979 Michigan State national championship team....Read More

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