On Monday, former Binghamton University basketball star, Derrick Rivera, 22, of Philadelphia, Pennsylvania, pleaded guilty to Felony Criminal Possession of Stolen Property in satisfaction of an indictment that also charged him with Grand Larceny.
Rivera admitted that on September 13, 2009, he possessed a stolen M&T bank debit card belonging to a fellow Binghamton University student.
Rivera, who remained released in his own recognizance, will return to court on May 5, 2011 to be placed on interim probation.
While on interim probation, Rivera will be required to pay restitution of $367 to M&T Bank and avoid all violations of law.
If Rivera successfully completes his period of interim probation, his conviction will be reopened and he will be allowed to plead to a misdemeanor, receive a conditional discharge and pay a fine of $1000.
If he violates the terms of interim probation or commits any new violation of law, an appropriate sentence will be imposed by the Court.
