From Rich to Fraud; Comparison Assignment

The story that I chose for this assignment was one that I had not known a lot about before now. My story is that of former New Jersey Nets basketball player C. Tate George, being charged with Fraud. The following is an excerpt from a news article:

"Former New Jersey Nets basketball player C. Tate George will appear this afternoon before a federal magistrate in Newark on charges of allegedly orchestrating a $2 million investment fraud scheme, U.S. Attorney Paul Fishman said Friday.

George, 43, who also played basketball for the Milwaukee Bucks, is charged with one count of wire fraud. Prosecutors say George, as the CEO of The George Group, told prospective investors, including several former pro athletes, he had more than $500 million in assets under management and urged them to invest with the firm. He allegedly told investors their moeny would be used for real estate development projects in Florida, Illinois, Connecticut and New Jersey.

The criminal complaint, unsealed Friday, charges that George used the money from new investors to pay old investors instead of developing real estate projects. George also used the money for home improvement projects, restaurant meals and clothign and gas, the complaint says.

If convicted, George could be sentenced to 20 years in prison and fined $250,000.

George could not be reached for comment. "

The coverage on this case was widely known and had many different media's that could be found on it. When dealing with each kind of media I found that print was the one that was most direct with the story. It gave you all the facts about the fraud and told you just what was needed to know, without going into vasts amount of detail. The Online sources that I found gave more information about people being involved with the case and backgrounds on them also, and information on people's reactions to the event. The video media was more or less like the online resource. It gave much more details and background information on the story, along with other interviews that were not done with the print media. After looking and watching, I came to the conclusion that the Online Source was more useful for me. This media gave me more details about the story, that really helped me develope what was going on and what had really happened. I felt like with the more detail I got then with the print media that i better understood the effects and prosecution of the act. The Online source also was better than watching it on the news stories, because I was able to access the information more effiecently, and was quicker to be able to read and digest the information. The print media that I found for this article was from the Wall Street Journal, the online resources was from onenewsprint.com, and the video's were done by many different stations and I located them off of youtube.com.