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Former NBA star pleads guilty to defrauding the league’s health insurance plan out of $5 million

By 08/26/2022 3:23 PMNo Comments

A former NBA all-star admitted Friday that he was the driving force behind a massive conspiracy that defrauded the league’s health insurance plan of $5 million.

Terrence Williams, 35, a Louisville native who was selected in the first round of the NBA Draft and played six seasons in the NBA with the Nets, Houston Rockets, Sacramento Kings, and Boston Celtics, admitted to giving his teammates phony invoices to submit false claims in exchange for sizable kickbacks between 2017 and 2021.

Williams is one of 18 former NBA players indicted by authorities in October for receiving fraudulent payments for medical and dental services they never received, along with Sebastian Telfair of Coney Island.

Services were available to present and former players and their families through the National Basketball Players’ Health and Welfare Benefit Plan.

Williams led a scheme involving more than 18 former NBA players, a dentist, a doctor, and a chiropractor to defraud the NBA Players’ Health and Welfare Benefit Plan of millions of dollars.

“Williams also impersonated others to help him take what was not his—money that belonged to the plan,” said U.S. Attorney Damian Williams.

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