Current:Home > MarketsGeorgia businessman convicted of cheating two ex-NBA players of $8M -Aspire Money Growth
Georgia businessman convicted of cheating two ex-NBA players of $8M
View
Date:2025-04-15 13:15:11
NEW YORK (AP) — A Georgia businessman was convicted Friday of cheating former NBA stars Dwight Howard and Chandler Parsons of $8 million after a trial in Manhattan federal court.
The jury returned its verdict against Calvin Darden Jr. eight years after Darden was sentenced to a year in prison for impersonating his successful father in a failed bid to buy Maxim magazine. In that case, Darden got leniency by cooperating with prosecutors against others charged in the case.
This time, though, Darden turned down two offers by the government to plead guilty and went to trial.
Howard — an eight-time All Star, three-time defensive player of the year and one of the NBA’s most dominant centers during the prime of his 18-year professional career — testified during the trial that he was defrauded of $7 million. He played for seven franchises, most notably the Orlando Magic — who took him with the No. 1 overall selection in the 2004 draft — and the Los Angeles Lakers, where he won his lone NBA title during the pandemic-affected 2019-20 season.
During his testimony, Howard said Darden fooled him into giving him $7 million by convincing him that it was an investment toward the purchase of a women’s basketball franchise. When a prosecutor asked him if he got anything in return for his $7 million, Howard testified that he got “a slap in the face.”
Prosecutors said Darden teamed up with a sports agent to fool Parsons into sending $1 million that was supposed to aid the development of James Wiseman, who currently plays in the NBA.
After Darden’s conviction on all charges, Assistant U.S. Attorney Kevin Meade sought to have Darden immediately taken into custody, saying he had not learned his lesson since the case in 2016, when he cooperated before sentencing and received leniency.
He also said Darden had been convicted three times of multimillion-dollar frauds and that prosecutors believe he will face between 11 years and 14 years in prison when he is sentenced early next year.
Meade said the government planned to seize all of Darden’s assets, including his Atlanta home, along with luxury automobiles, art and jewelry purchased with money obtained through the fraud.
Judge Vernon S. Broderick said Darden can remain free on bail after his lawyer insisted he is no longer in danger of committing more frauds — and he is needed by his family, including his prominent father, who is ailing.
Darden’s father, Cal Darden, is a former senior vice president for operations at Atlanta-based United Parcel Service Inc. who has sat on the boards of several major companies.
During closing arguments Thursday, Assistant U.S. Attorney Brandon Thompson said the proof that Darden Jr. “committed these crimes is overwhelming.”
Thompson said Darden Jr. lied about what he would spend the money on that he received from the basketball players and then moved the money through multiple accounts to try to launder it.
The prosecutor said Darden Jr. spent at least $6.1 million of the $7 million he got from Howard, including $500,000 on two cars; $110,000 on a piano; $765,000 for a down payment on a $3.7 million home; $90,000 on luxury watches and another half-million dollars for home upgrades in addition to hundreds of thousands of dollars spent on art.
Thompson said he also impersonated his father, as he had in the previous fraud eight years ago, to “leverage his father’s good name.”
However, defense lawyer Xavier Donaldson argued that his client never impersonated his father with the athletes and accused prosecutors of trying to get jurors to use “guesswork, speculation, unreasonable inference” to reach a guilty verdict.
veryGood! (548)
Related
- Sonya Massey's father decries possible release of former deputy charged with her death
- Chemical vs. mineral sunscreen: Dermatologists explain types of UV protection
- Federal indictment accuses 15 people of trafficking drugs from Mexico and distributing in Minnesota
- Jennifer Lopez's Latest Career Move Combines the Bridgerton and Emily Henry Universes
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- New England’s largest energy storage facility to be built on former mill site in Maine
- Simone Biles' husband Jonathan Owens was 'so excited' to pin trade at 2024 Paris Olympics
- Harris’ pick of Walz amps up excitement in Midwestern states where Democrats look to heal divisions
- Former Danish minister for Greenland discusses Trump's push to acquire island
- WK Kellogg to close Omaha plant, downsize in Memphis as it shifts production to newer facilities
Ranking
- Average rate on 30
- Why Kit Harington Thinks His and Rose Leslie's Kids Will Be Very Uncomfortable Watching Game of Thrones
- 2024 Olympics: Kenya’s Faith Kipyegon Gets Silver Medal Reinstated After Controversial Ruling
- Stocks bounced back Tuesday, a day after a global plunge
- The Best Stocking Stuffers Under $25
- Study Links Permian Blowouts With Wastewater Injection
- Recreational weed: Marijuana sales begin in Ohio today. Here's what to expect.
- Billy Ray Cyrus and Firerose finalize divorce after abuse claims, leaked audio
Recommendation
Tom Holland's New Venture Revealed
Federal indictment accuses 15 people of trafficking drugs from Mexico and distributing in Minnesota
I signed up for an aura reading and wound up in tears. Here's what happened.
Elon Musk’s X sues advertisers over alleged ‘massive advertiser boycott’ after Twitter takeover
FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
'The Final Level': Popular GameStop magazine Game Informer ends, abruptly lays off staff
Ancient 'hobbits' were even smaller than previously thought, scientists say
Gabby Thomas wins gold in 200, leading American track stars in final at Paris Olympics