Charles Banks IV wept as Judge Fred Biery in San Antonio federal court handed down his sentence, which included four years behind bars and restitution payments of .5million, for defrauding Duncan into guaranteeing a million loan.
Testimony throughout the trial indicated Duncan lost almost all of the .1million he invested with Banks, in addition to the loan sum.
Tim is son of mother Ione Duncan and William Duncan. During his childhood he had huge interest in swimming but later after his mother's death at the age of 14; he was inspired by brother-in-law to turn to basketball. Dunstan's Episcopal High School and played with the average score of 25 points per game. In 1993, Duncan joined Wake Forest University and during his first game he held scoreless.
Duncan was born as only son among his parents three children and he has two sisters Cheryl and Tricia.
His number now hangs not far from banners celebrating the five NBA championships he and the Spurs won during his career.
Tim Duncan's former financial adviser has been jailed after the NBA star pleaded with a Texas court for him to be punished for stealing millions while managing his money.
He holds a degree in psychology and created the Tim Duncan Foundation to raise general health awareness and fund education and youth sports in various parts of the United States.
Duncan is the only son of Ione Duncan, a midwife, and William Duncan, a mason, and has two older sisters, Cheryl and Tricia.
During his witness testimony on Tuesday, the San Antonio Spurs' champion compared the betrayal he felt from his former adviser was similar to what he felt from his ex-wife.
Duncan is pictured in December 2016 having his jersey retired by the Spurs Duncan and his former partner, Amy Sherrill, divorced in 2013 after legal messy proceedings.