Federal prosecutors say a former AAU basketball coach has pleaded guilty to defrauding a former University of Virginia basketball player.

Sixty-year-old Thomas Patric Boggs of Brookneal entered the plea recently to one count of wire fraud in federal court in Lynchburg.

U.S. Attorney Timothy J. Heaphy says Boggs became Travis Watson's mentor after the pair met when Watson was a freshman in high school in Texas. Watson played for U.Va. from 1999 to 2003.

Heaphy says Boggs offered to invest a portion of Watson's earnings from playing professionally overseas. Between 2009 and 2011, Watson wired $358,000 to accounts controlled by Boggs, who admitted using nearly all of the money to pay personal expenses for himself and his relatives.

Boggs faces up to 20 years in prison and a $250,000 fine.