NEW YORK, N.Y. – 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.