2025-04-03 DOJ SDNY press_release 117 KB 5,076 chars

Atlanta Man Sentenced To 151 Months In Prison For Defrauding Former NBA Players

Caption
United States v. Bank Fraud, et al.
summary

Calvin Darden, Jr. was sentenced to 151 months in prison for defrauding former NBA players Dwight Howard and Chandler Parsons of $8 million through fraudulent investment schemes.

paragraph

Calvin Darden, Jr. was sentenced to 151 months in prison and five years of supervised release for defrauding NBA players of $8 million. He was convicted of conspiracy to commit wire and bank fraud, wire fraud, bank fraud, and money laundering. The court ordered him to pay $8,000,000 in restitution and forfeit luxury assets including a mansion, high-end vehicles, and Basquiat artwork.

narrative

Calvin Darden, Jr. was sentenced to 151 months in prison for orchestrating schemes to defraud former NBA players Dwight Howard and Chandler Parsons of $8 million. Darden deceived Howard into investing $7 million for a purported purchase of the Atlanta Dream WNBA team, while also defrauding Parsons of $1 million intended for a loan to NBA prospect James Wiseman. To bolster his credibility, Darden impersonated his prominent businessman father and utilized shell companies to launder the funds. The stolen money was used to acquire a $3.7 million mansion, luxury cars like a Lamborghini and Rolls-Royce, and expensive Basquiat artwork. Darden, who is a repeat offender, was also ordered to forfeit these luxury assets and pay $8,000,000 in restitution. His convictions include conspiracy to commit wire and bank fraud, money laundering, and various fraud charges.

Enriched metadata

Scheme
affinity-fraud (95%)
Court
Southern District of New York
Outcome
convicted
Restitution
$8,000,000
Classified affinity-fraud(confidence 95%). EDGAR detection: forms Form D· recall 58% / precision 2%. detection rule →
Parties
bank fraudcelebrities and companies had agreed to be advisorschandler parsonscharles briscoedwight howardhis father
Keywords
dardenfrauddreammoneyhowardnbamonths prisondefrauding formerpurchase dreamatlantalinkprison defraudinggovernment non-governmentnon-government sitessites typically

Extracted insights

Dollar amounts 7
  • $8.00M $8 million $1M–$10M
  • $8.00M $8,000,000 $1M–$10M
  • $8.00M $8,000,000 $1M–$10M
  • $7.00M $7 million $1M–$10M
  • $3.70M $3.7 million $1M–$10M
  • $1.00M $1 million $1M–$10M
  • $600K $600,000 $100K–$1M
Entities 8
  • person bank fraud
  • company celebrities and companies had agreed to be advisors
  • person chandler parsons
  • person charles briscoe
  • person dwight howard
  • person his father
  • scheme_term money laundering
  • scheme_term wire fraud
Triples 24
  • Calvin Darden, Jr. was sentenced to 151 months in prison
  • U.S. District Judge Vernon S. Broderick sentenced Calvin Darden, Jr.
  • Calvin Darden, Jr. defrauded Dwight Howard and Chandler Parsons
  • Calvin Darden, Jr. stole $8 million
  • Calvin Darden,vin Darden, Jr. was convicted of conspiracy to commit wire and bank fraud
  • Calvin Darden, Jr. was convicted of wire fraud
  • Calvin Darden, Jr. was convicted of bank fraud
  • Calvin Darden, Jr. was convicted of conspiracy to launder money
  • Calvin Darden, Jr. was convicted of money laundering
  • Calvin Darden, Jr. deceived Dwight Howard
  • Dwight Howard sent $7 million
  • Calvin Darden, Jr. worked with Charles Briscoe
  • Calvin Darden, Jr. sent a “Vision Plan”
  • The Vision Plan falsely claimed celebrities and companies had agreed to be advisors
  • Calvin Darden, Jr. impersonated his father
  • Calvin Darden, Jr. directed Dwight Howard
  • Calvin Darden, Jr. laundered the money
  • Calvin Darden, Jr. spent $3.7 million on a mansion
  • ESPN reported the Dream had been sold to someone else
  • Calvin Darden, Jr. deceived Chandler Parsons
  • Chandler Parsons sent $1 million
  • Calvin Darden, Jr. forged a document
  • Calvin Darden, Jr. spent fraud proceeds on watches and a Mercedes
  • Calvin Darden, Jr. was convicted of fraud in New York state in 2005
View original DOJ press releasejustice.gov
Extracted body text (5,076c)
Press Release Atlanta Man Sentenced To 151 Months In Prison For Defrauding Former NBA Players Thursday, April 3, 2025 Share FacebookLinks to other government and non-government sites will typically appear with the “external link” icon to indicate that you are leaving the Department of Justice website when you click the link. XLinks to other government and non-government sites will typically appear with the “external link” icon to indicate that you are leaving the Department of Justice website when you click the link. LinkedInLinks to other government and non-government sites will typically appear with the “external link” icon to indicate that you are leaving the Department of Justice website when you click the link. Email For Immediate Release U.S. Attorney's Office, Southern District of New York Matthew Podolsky, the Acting United States Attorney for the Southern District of New York, announced today that CALVIN DARDEN, JR., was sentenced to 151 months in prison by U.S. District Judge Vernon S. Broderick for defrauding former National Basketball Association (“NBA”) players Dwight Howard and Chandler Parsons out of $8 million. DARDEN was previously convicted at trial of conspiracy to commit wire and bank fraud, wire fraud, bank fraud, conspiracy to launder money, and money laundering.Acting U.S. Attorney Matthew Podolsky said: “Calvin Darden, Jr., stole millions of dollars from former NBA players and used the money to buy a mansion, a fleet of luxury cars, and expensive artwork. This conviction—his third—and sentence make clear that severe consequences await those who take advantage of others by fraud.” According to the charging documents and other filings and statements made in court:In the fraud against Howard, DARDEN, JR. deceived Howard into sending him $7 million, purportedly for the purpose of buying the Atlanta Dream (the “Dream”), a team in the Women’s National Basketball Association. DARDEN, JR. worked with Charles Briscoe, Howard’s agent to perpetrate the fraud. DARDEN, JR. sent a “Vision Plan” to Howard about the purported purchase of the Dream. The Vision Plan falsely claimed that a number of celebrities and companies—including Tyler Perry, Issa Rae, Naomi Osaka, Aflac, and Starbucks—had agreed to be advisors to the Dream or to sponsor the Dream after Howard purchased it. In truth and in fact, those individuals and companies had never agreed to be advisors or corporate sponsors to the Dream and many had never even heard of DARDEN, JR. or any purported plan by DARDEN, JR. to purchase the Dream.DARDEN, JR.’s father (“Relative-1”) is a prominent businessman. DARDEN, JR. repeatedly impersonated Relative-1 in an attempt to add credibility to his fraud scheme.DARDEN, JR. directed Howard to send the $7 million to a shell company he controlled, in order to effectuate the purported purchase of the Dream. DARDEN, JR. then laundered the money through a number of different bank accounts he controlled. DARDEN, JR. did not spend any money on the purchase of the Dream. Instead, he spent the money on a $3.7 million mansion, a Rolls-Royce, a Lamborghini, a Porsche, artwork by Jean-Michel Basquiat, and other luxury goods for himself.Howard learned that he did not in fact own the Dream only when ESPN reported that the Dream had in fact been sold to someone else.In the fraud against Parsons, DARDEN, JR. deceived Parsons into sending him $1 million, purportedly for the purpose of loaning the money to James Wiseman, a prospect in the 2020 NBA draft. DARDEN, JR. and Briscoe falsely claimed to know Wiseman, and forged a document stating that Wiseman had agreed that Briscoe would be his agent in order to convince Parsons to send the money. In truth and in fact, DARDEN, JR. and Briscoe did not know Wiseman and did not send any of the money to Wiseman. Instead, DARDEN, JR. spent his cut of the fraud proceeds on watches, a Mercedes, and other personal expenses.DARDEN, JR. was previously convicted of fraud in New York state in 2005. He was also convicted of fraud in the Southern District of New York in 2015. In the 2015 case, DARDEN, JR. committed frauds involving a purported purchase of Maxim magazine and a purported NBA exhibition game in Taiwan. In that prior fraud, DARDEN, JR. also impersonated Relative-1 in an attempt to add credibility to his fraud scheme.* * * In addition to the prison term, DARDEN, JR., 50, of Atlanta, Georgia, was sentenced to five years of supervised release. DARDEN, JR. was ordered to forfeit $8,000,000 and a number of other items, including a Lamborghini, a Rolls-Royce, $600,000 of artwork by Jean-Michel Basquiat, and an Atlanta mansion. DARDEN, JR. was also ordered to make restitution in the amount of $8,000,000.Mr. Podolsky praised the outstanding work of the Federal Bureau of Investigation. The case is being prosecuted by the Office’s Complex Frauds and Cybercrime Unit. Assistant U.S. Attorneys Kevin Mead, Brandon C. Thompson, and William C. Kinder are in charge of the prosecution. Updated April 3, 2025 Component USAO - New York, Southern Press Release Number: 25-080
OCR text (5,076c · html-text · 99% conf)
Press Release Atlanta Man Sentenced To 151 Months In Prison For Defrauding Former NBA Players Thursday, April 3, 2025 Share FacebookLinks to other government and non-government sites will typically appear with the “external link” icon to indicate that you are leaving the Department of Justice website when you click the link. XLinks to other government and non-government sites will typically appear with the “external link” icon to indicate that you are leaving the Department of Justice website when you click the link. LinkedInLinks to other government and non-government sites will typically appear with the “external link” icon to indicate that you are leaving the Department of Justice website when you click the link. Email For Immediate Release U.S. Attorney's Office, Southern District of New York Matthew Podolsky, the Acting United States Attorney for the Southern District of New York, announced today that CALVIN DARDEN, JR., was sentenced to 151 months in prison by U.S. District Judge Vernon S. Broderick for defrauding former National Basketball Association (“NBA”) players Dwight Howard and Chandler Parsons out of $8 million. DARDEN was previously convicted at trial of conspiracy to commit wire and bank fraud, wire fraud, bank fraud, conspiracy to launder money, and money laundering.Acting U.S. Attorney Matthew Podolsky said: “Calvin Darden, Jr., stole millions of dollars from former NBA players and used the money to buy a mansion, a fleet of luxury cars, and expensive artwork. This conviction—his third—and sentence make clear that severe consequences await those who take advantage of others by fraud.” According to the charging documents and other filings and statements made in court:In the fraud against Howard, DARDEN, JR. deceived Howard into sending him $7 million, purportedly for the purpose of buying the Atlanta Dream (the “Dream”), a team in the Women’s National Basketball Association. DARDEN, JR. worked with Charles Briscoe, Howard’s agent to perpetrate the fraud. DARDEN, JR. sent a “Vision Plan” to Howard about the purported purchase of the Dream. The Vision Plan falsely claimed that a number of celebrities and companies—including Tyler Perry, Issa Rae, Naomi Osaka, Aflac, and Starbucks—had agreed to be advisors to the Dream or to sponsor the Dream after Howard purchased it. In truth and in fact, those individuals and companies had never agreed to be advisors or corporate sponsors to the Dream and many had never even heard of DARDEN, JR. or any purported plan by DARDEN, JR. to purchase the Dream.DARDEN, JR.’s father (“Relative-1”) is a prominent businessman. DARDEN, JR. repeatedly impersonated Relative-1 in an attempt to add credibility to his fraud scheme.DARDEN, JR. directed Howard to send the $7 million to a shell company he controlled, in order to effectuate the purported purchase of the Dream. DARDEN, JR. then laundered the money through a number of different bank accounts he controlled. DARDEN, JR. did not spend any money on the purchase of the Dream. Instead, he spent the money on a $3.7 million mansion, a Rolls-Royce, a Lamborghini, a Porsche, artwork by Jean-Michel Basquiat, and other luxury goods for himself.Howard learned that he did not in fact own the Dream only when ESPN reported that the Dream had in fact been sold to someone else.In the fraud against Parsons, DARDEN, JR. deceived Parsons into sending him $1 million, purportedly for the purpose of loaning the money to James Wiseman, a prospect in the 2020 NBA draft. DARDEN, JR. and Briscoe falsely claimed to know Wiseman, and forged a document stating that Wiseman had agreed that Briscoe would be his agent in order to convince Parsons to send the money. In truth and in fact, DARDEN, JR. and Briscoe did not know Wiseman and did not send any of the money to Wiseman. Instead, DARDEN, JR. spent his cut of the fraud proceeds on watches, a Mercedes, and other personal expenses.DARDEN, JR. was previously convicted of fraud in New York state in 2005. He was also convicted of fraud in the Southern District of New York in 2015. In the 2015 case, DARDEN, JR. committed frauds involving a purported purchase of Maxim magazine and a purported NBA exhibition game in Taiwan. In that prior fraud, DARDEN, JR. also impersonated Relative-1 in an attempt to add credibility to his fraud scheme.* * * In addition to the prison term, DARDEN, JR., 50, of Atlanta, Georgia, was sentenced to five years of supervised release. DARDEN, JR. was ordered to forfeit $8,000,000 and a number of other items, including a Lamborghini, a Rolls-Royce, $600,000 of artwork by Jean-Michel Basquiat, and an Atlanta mansion. DARDEN, JR. was also ordered to make restitution in the amount of $8,000,000.Mr. Podolsky praised the outstanding work of the Federal Bureau of Investigation. The case is being prosecuted by the Office’s Complex Frauds and Cybercrime Unit. Assistant U.S. Attorneys Kevin Mead, Brandon C. Thompson, and William C. Kinder are in charge of the prosecution. Updated April 3, 2025 Component USAO - New York, Southern Press Release Number: 25-080