Apr 3, 2013; Boston, MA, USA; Detroit Pistons power forward Charlie Villanueva reacts to missing a shot during the fourth quarter of their 98-93 loss to the Boston Celtics in an NBA game at TD Garden. Mandatory Credit: Winslow Townson-USA TODAY Sports

Charlie Villanueva was a victim of a Ponzi scheme

I wonder if this picture was exactly how he reacted when he found out his money disappeared. This is a prime example of why you should always read more into what you may be investing in.

You never know what type of people you could be dealing with but if you fail to look into things and see if they are 100 percent legit, then you have nobody else to blame but yourself. I admit it’s still sorta crappy that this had to happen, but being an adult you should have been smart enough to avoid something like this.

The man who pulled a quick one on Villanueva for $250,000 is Tate George, a former player who was known for a 1990 buzzer beater during the NCAA Tournament. George played the the University of Connecticut then spent a couple of seasons in the NBA with the New Jersey Nets and the Milwaukee Bucks.

“It’s $250,000! That could have gone to my son’s education.” Villanueva told the Detroit News.

Villanueva was supposedly promised a $37,500 profit from his $250,000 investment, which obviously never happened. Right now George is on trial for wire fraud for being involved in this scheme.

Pretty messed up situation, but Charlie will still get paid around or over $8.5 million this season for just coming off of the bench for the Pistons.

Tags: Charlie Villanueva Detroit Pistons

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