TRENTON, N.J. – Former NBA player and University of Connecticut star Tate George was sentenced Thursday to nine years in prison for running a real estate ponzi scheme. A federal judge in Trenton also ordered George to pay $2.5 million in restitution and serve three years of supervised release.
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Benzinga’s Insider Buys Of The Week: Arconic (NYSE:ARNC), Ocwen Financial (NYSE:OCN) And More Ocwen Financial Corp (NYSE: OCN) saw beneficial owner Leon Cooperman, CEO of Omega Advisors, scoop up more than 1.34 million shares of this company. At prices ranging from $3.15 to $3.20 apiece.