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Advisor Who Stole from Spurs Star Tim Duncan Gets Jail Time

Friday, Jul 07 2017

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Written by PFA News

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Charles Banks IV has been sentenced to four years in jail over wire fraud charges. So reports KSAT.

The charges are related to allegations that he inappropriately secured a $6 million loan guarantee from San Antonio Spurs superstar Tim Duncan for a failing sports entertainment company. Banks will also have to pay $7.5 million in restitution.

Read the full article from KSAT.

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