Charles Banks Sentenced to Four Years, Terroir Capital Fate Unknown

US District Judge Fred Biery has handed down a four-year prison sentence to Charles Banks, founder of Terroir Capital, for swindling millions out of NBA legend Tim Duncan. Charles has also been ordered to pay $7.5 million in restitution to Tim. BACKGROUND. Charles Banks was charged with four counts of wire fraud as a result of his business with former NBA player Tim Duncan [see WSD 09-12-2016]. Tim sued Charles for allegedly urging him to invest in multiple hotels, wineries,