Indictment Alleges Bribery and Inside-Betting Scheme Tied to NBA Games
TL;DR Summary
A Brooklyn federal indictment charges six individuals, including former NBA players Malik Beasley and Edward Davis and a current NBA player agent, with wire fraud conspiracy, bribery in sporting contests, honest services wire fraud conspiracy, and money laundering conspiracy for a scheme to fix Beasley’s performance and use non-public information to place fraudulent bets, detailing three games (Jan 26, Feb 27, and Mar 10, 2024) and alleging hundreds of thousands of dollars in wagers; if convicted, defendants face up to 20 years on wire fraud and money laundering counts and up to 5 years on bribery.
- Former National Basketball Association Players, Current Player Agent, and Three Other Individuals Charged in Sports Bribery, Illegal Betting and Money Laundering Conspiracies Department of Justice (.gov)
- Ex-NBA players Malik Beasley, Ed Davis indicted in gambling case ESPN
- Former NBA players Malik Beasley, Ed Davis indicted on illegal sports gambling charges - The Athletic The New York Times
- NBA veteran Malik Beasley has been indicted on federal gambling charges NBC Sports
- Two More Former NBA Players Charged in US Sports Betting Probe Bloomberg.com
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