Ex-Morgan Stanley investment advisor Darryl Cohen and three accomplices were charged with allegedly defrauding current and former NBA players out of millions of dollars.

In the indictment, which was unsealed on Thursday, Damian Williams, the United States Attorney for the Southern District of New York, and Michael J. Driscoll, the Assistant Director in Charge of the New York Field Office of the Federal Bureau of Investigation, said Darryl Cohen, NBA agent Charles Briscoe, financial planner Brian Gilder, and Calvin Darden were involved in “two schemes to defraud professional basketball players.”