Terry Rozier, Chauncey Billups and Others Arrested In Sports Betting Probe

Damn them niggas bout to be cooked.

Never understood why niggas with all the bread risk everything for pennies on the dollar...
 
5k really?

When they making hundreds of millions. Call BS unless there is more $ involved
 
Timothy McCormack, a self-proclaimed gambling addict, received a two-year prison sentence Wednesday as he became the first defendant to be sentenced for his role in a sweeping conspiracy involving NBA players Terry Rozier and Jontay Porter.

A federal judge in Brooklyn handed down the sentence to McCormack, who defrauded sports betting platforms by using nonpublic information to place highly profitable wagers tied to the performance of NBA players allegedly in on the scheme.

Rozier, who is on unpaid leave from the Miami Heat, pleaded not guilty in December to wire fraud and money laundering conspiracy charges stemming from accusations that he helped some friends win bets that revolved around his statistical performance in a game played in March 2023, when he was with the Charlotte Hornets.
 
Damon Jones, the former NBA player and assistant coach arrested as part of two federal illegal gambling probes around the NBA, is expected to change his plea to guilty, according to multiple reports. He would be the first person to plead guilty in these cases.

At the request of Jones’ attorneys, a change-of-plea hearing is scheduled for May 6 in Brooklyn federal court, the Associated Press reports.

These changes are part of a plea agreement with prosecutors, although the details of that deal are not public.

Jones was the one NBA figure tied to both parts of the federal probe that led to more than 30 arrests. Jones had been charged with wire fraud and money laundering in relation to both cases: One, that he provided sports bettors (with mafia ties) non-public information about injuries to key players such as LeBron James and Anthony Davis (Jones, a former teammate of LeBron, was not on the Lakers staff but did work out LeBron pregame); second, that he profited and helped draw players into rigged poker games.

In that same sweep, Miami Heat guard Terry Rozier was arrested as part of the federal probe for allegedly providing sports bettors with information that he would not meet prop bet numbers in certain games. Former Portland Trail Blazers coach Chauncey Billups was arrested for allegedly being the “face” who helped draw people to the rigged poker games. Both men have pled not guilty.
 
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