Former NBA player Glen Davis was released from prison Thursday after serving 17 months of a 40-month sentence following a November 2023 conviction for his involvement in a scheme to defraud the league’s healthcare plan.
Davis and fellow NBA player Will Bynum were convicted by a Manhattan jury in 2023 for filing false reimbursement claims to the NBA’s health and welfare benefit plan for medical care and procedures that were not actually performed. The two were among 19 people indicted, 18 of them former NBA players, including Tony Allen, Terrence Williams, Shannon Brown, Melvin Ely, Sebastian Telfair and Keyon Dooling.
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Bynum, an eight-year NBA veteran, was sentenced to 18 months in prison in April 2024 and ordered to pay $183,000 in restitution.
Those involved in the defrauding scheme gained over $5 million in illicit profits, according to the U.S….
Insurance fraud involves making false or exaggerated claims to an insurance provider.
- Hard Fraud: Someone deliberately causes a loss (e.g., setting fire to a warehouse or staging a car accident) specifically to collect a payout.
- Soft Fraud: More common and often viewed as “victimless” by the perpetrator. It involves exaggerating a legitimate claim, such as overstating the value of stolen items in a home burglary to cover the deductible.