This sounds like some shit some SBR people would probably do. You slightly older fellas will probably rememeber this dude.

DES MOINES, Iowa (AP)—Former Michigan basketball star Rumeal Robinson has been sentenced to 61/2 years in jail for financial fraud.
A jury found Robinson guilty in September of 11 charges, including bank bribery, wire fraud, conspiracy to commit bank fraud and making a false statement to a financial institution.
Prosecutors say Robinson schemed between 2004-05 to borrow more than $700,000 from a bank in Ankeny, Iowa, with the help of a loan officer. They say he claimed the money was for a business but that he actually bought a condominium, cars, furniture and invested in an energy company.
Robinson was also ordered to pay nearly $1.2 million in restitution.
In the 1989 national title game, Robinson hit two free throws with 3 seconds left to give Michigan a win over Seton Hall. He also spent six seasons in the NBA.
A jury found Robinson guilty in September of 11 charges, including bank bribery, wire fraud, conspiracy to commit bank fraud and making a false statement to a financial institution.
Prosecutors say Robinson schemed between 2004-05 to borrow more than $700,000 from a bank in Ankeny, Iowa, with the help of a loan officer. They say he claimed the money was for a business but that he actually bought a condominium, cars, furniture and invested in an energy company.
Robinson was also ordered to pay nearly $1.2 million in restitution.
In the 1989 national title game, Robinson hit two free throws with 3 seconds left to give Michigan a win over Seton Hall. He also spent six seasons in the NBA.