Charlie Villanueva Says He Was Conned Out of $250k By Tate George
Betrayal can be the worst kind of pain, but when it happens to someone you consider family, I think it becomes even worse.
The Trentonian is reporting that Pistons forward Charlie Villanueva was in court on Tuesday to testify against former UConn Huskie star and supposed mentor Tate George.
Villanueva testified that George conned him out of $250,000 in a ponzi scheme back in 2010. George is on trial for wire fraud that netted him $2 million.
He testified under questioning by Assistant U.S. Attorney Zach Intrater that he liked the idea of investing in Bridgeport as a way of giving back to the community.
Villanueva was promised the return of his $250,000, a profit of $37,500 and two percent on the gross for years to come; maybe more than $2 million. He never saw a dime.
Villanueva of course was deeply hurt by his UConn brother stealing from him.
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“That could have gone to my son’s education.”