Ex-NBA Guard to Plead Guilty in Insider-Info Gambling Scheme

1 min read
Source: The New York Times
Ex-NBA Guard to Plead Guilty in Insider-Info Gambling Scheme
Photo: The New York Times
TL;DR Summary

Former NBA guard Damon Jones is expected to plead guilty to money laundering conspiracy and wire fraud conspiracy for selling inside information about injured players to professional gamblers and for taking part in illegal poker games tied to organized crime; his plea hearing is set for April 28, and he would be the first defendant to plead guilty in Brooklyn’s broader crackdown on illegal sports betting. The indictment references a described “Player 3” who resembles LeBron James, though James is not accused.

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