Boston Celtics Assistant Coach Pleads Guilty in Money-Laundering Case
- Jerome Allen admits taking money from father of Penn recruit
- Allen agrees to forfeit $18,000, pay $202,000 fine after plea
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A former University of Pennsylvania basketball coach who is now with the Boston Celtics pleaded guilty to laundering money he took from a businessman who paid him to help his son gain admission to the Ivy League school.
Jerome Allen pleaded guilty Wednesday in federal court in Miami, where he admitted that he laundered $18,000 he took from businessman Philip Esformes, who is separately accused of health-care fraud, money laundering, conspiracy and bribery. Allen agreed to forfeit that amount as well as pay a fine of $202,000. Allen apologized Friday in a statement issued by his lawyer.