Current Portland Trail Blazers assistant coach Milt Palacio, 3 former players charged in NBA insurance fraud case. On the list of 18 former players is current Portland Trail Blazers assistant coach Milton Palacio. Other Blazers connections include Darius Miles, Ruben Patterson and Sebastian Telfair.
Eighteen former NBA players were charged Thursday with pocketing about $2.5 million illegally by defrauding the league’s health and welfare benefit plan.
FBI agents across the country arrested fifteen ex-NBA players and one of their wives in a three-year conspiracy that authorities say started in 2017. The suspects were taken into custody in Alabama, Washington state, California, New York, Illinois, Florida, Nevada, Georgia and Tennessee.
Yesterday the feds announced former 18 NBA players and 1 spouse were involving making millions in insurance claims. The mastermind is NBA vet Terrance Williams