Eighteen former NBA players have been charged with defrauding the league’s health and welfare benefit plan out of about $4 million, according to an indictment Thursday in New York.
Federal prosecutors planned a news conference to describe the case that was brought in Manhattan federal court. By late morning, 16 of the defendants were in custody, authorities said.
According to the indictment, the ex-players engaged in a widespread scheme to defraud the plan by submitting false and fraudulent claims to get reimbursed for medical and dental expenses that were never actually incurred.
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