SAN ANTONIO — Court documents indicate a former financial adviser to retired Spurs star Tim Duncan plans to plead guilty in a multimillion-dollar fraud case.
In paperwork filed Friday, lawyers for 49-year-old Charles Banks of Atlanta say he plans to admit that he misled Duncan — identified in court documents as "T.D." — to get his signatures on about $6 million in loans related to a merchandising business.
Banks was indicted last year on two counts of wire fraud, with each count carrying a possible 20-year prison sentence.
He is scheduled to appear Monday in federal court in San Antonio.