Former NBA Player Terrence Williams Receives 10-Year Prison Term for Multi-Million Dollar Fraud Scheme
Why is Terrence Williams going to prison?
Former NBA player Terrence Williams faces a 10-year prison term for orchestrating a complex scheme that exploited the NBA’s health and welfare benefit plan, defrauding it of more than $5 million. The United States Attorney’s Office has revealed details about Williams’ deceitful activities.
Williams, recognized for his tenure with the Brooklyn Nets, Houston Rockets, Sacramento Kings, and Boston Celtics, admitted guilt to charges that encompass conspiracy to commit health care and wire fraud, coupled with aggravated identity theft. U.S. attorney Damian Williams explained that Williams had orchestrated an extensive effort to drain millions from the NBA Players’ Health and Welfare Benefit Plan, enlisting medical professionals and collaborators to amplify his unlawful gains.
Terrence Williams, a former NBA player who served as the ringleader of a scheme to defraud the NBA's health and welfare benefit plan out of approximately $5 million, was sentenced Thursday to 10 years in prison 😳 pic.twitter.com/7nx8Blelti
— My Mixtapez (@mymixtapez) August 4, 2023
The Big Plan
The scheme spanned from around 2017 to 2021, ensnaring over a dozen individuals who submitted counterfeit claims for medical and dental services never actually provided. Williams played a pivotal role by fabricating invoices for his co-conspirators, including dentists and doctors from California and Washington state.
In a startling twist, it was uncovered that Williams had posed as a health plan employee and even resorted to coercing fellow players who declined to provide him kickbacks, totaling at least $300,000. Notably, former NBA players Keyon Dooling and Alan Anderson were also entangled in the scheme.
How did he get caught?
The sham transactions were exposed due to irregularities in documentation. Former NBA center Gregory Smith, one of Williams’ co-defendants, filed a claim for dental work purportedly conducted in Beverly Hills, although he was actually participating in Taiwan’s Super Basketball League during that timeframe.
What does Williams have to do now?
In addition to the prison sentence, 36-year-old Williams faces three years of supervised release. He is also mandated to forfeit $653,672.55 and make restitution amounting to $2.5 million.
Williams, who was chosen as the 11th overall pick by the New Jersey Nets in the 2009 NBA Draft, experienced a tumultuous career in the league. Despite initial promise, he grappled with establishing a consistent position, ultimately fading away after the 2012-13 season with the Boston Celtics.
Ex-NBA player Terrence Williams was sentenced to 10 years in prison for conspiracy to commit health care fraud and wire fraud worth around $5 million from the NBA’s health care plan, per @nypost pic.twitter.com/r0Qu8kVWV2
— NBA Retweet (@RTNBA) August 4, 2023
In the end…
Across 153 career games, Williams maintained averages of 7.1 points, 2.4 assists, and 3.6 rebounds, with a field goal rate of 41.2%. This prison sentence denotes a substantial and disgraceful chapter in the former player’s life, emphasizing the importance of integrity and responsibility in professional sports.