- Associated Press - Wednesday, May 21, 2014

NEW YORK (AP) - A business executive convicted of charges in her firm’s handling of the National Basketball Players Association’s investments and finances has been sentenced in New York to six months’ house detention.

Federal Judge Jesse Furman also ordered 73-year-old Carolyn Kaufman, of Hudson, Ohio, to serve 500 hours of community service and pay a $25,000 fine.

Kaufman was convicted in December of obstruction of justice and perjury. She was accused of lying to a grand jury investigating the relationship between the union and Prim Capital Corp. Kaufman was Prim’s chief compliance officer and second highest executive.

Prim’s founder previously pleaded guilty to fraud and conspiracy. Joseph Lombardo awaits sentencing.

Furman rejected prosecutors’ request that Kaufman go to prison. The judge said Kaufman had a history of integrity.

Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times is switching its third-party commenting system from Disqus to Spot.IM. You will need to either create an account with Spot.im or if you wish to use your Disqus account look under the Conversation for the link "Have a Disqus Account?". Please read our Comment Policy before commenting.

 

Click to Read More and View Comments

Click to Hide