Tag

Wire Fraud Conspiracy

All articles tagged with #wire fraud conspiracy

sports1 month ago•2 min saved

Ex-NBA Player Damon Jones admits guilt in insider-information betting ring

Former NBA player and assistant coach Damon Jones pleaded guilty to two counts of wire fraud conspiracy for selling inside information to gamblers and taking part in a rigged poker scheme; he tipped off gamblers about a Feb. 9, 2023 Lakers–Bucks game, noting LeBron James wouldn’t play, which Milwaukee won 115-106. Sentencing is set for Jan. 6, with prosecutors seeking roughly 21–27 months for the betting scheme and 63–78 months for the poker scam, as part of a broader probe that also involved basketball figures like Chauncey Billups and Terry Rozier.

via NBC News|

#damon-jones #gambling #inside-information

crime1 month ago•5 min saved

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

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.

via The New York Times|

#crime #damon-jones #insider-information

sports3 months ago•18 min saved

Guardians Pitcher Emmanuel Clase Accused in 48-Game Betting Scheme

Federal prosecutors accuse Cleveland Guardians closer Emmanuel Clase and teammate Luis Ortiz of a wire‑fraud conspiracy and bribery to influence sports contests, alleging Clase coordinated with gamblers to fix outcomes in 48 games from May 2023 through July 2025 and even bankrolled some bets; the case could cast a large shadow over the 2024–25 seasons, with potentially millions in fraudulent winnings and a jury trial set for May 4, 2026. If convicted on all counts, Clase could face up to 65 years in prison.

via outkick.com|

#cleveland-guardians #emmanuel-clase #luis-ortiz

crime2 years ago•2 min saved

Trump's Clemency Recipient Eli Weinstein Faces New Fraud Charges

Eli Weinstein, a con man whose prison sentence was commuted by former President Donald Trump, is facing new fraud charges in New Jersey. Weinstein, along with four others, is accused of defrauding investors out of $35 million through a scheme involving fake deals for medical supplies and other products. Weinstein had previously been convicted of defrauding investors out of $230 million and was serving a 24-year sentence before Trump commuted his term. After his release, Weinstein allegedly orchestrated a new scheme to solicit money from investors through a company called Optimus Investments Inc. He and his co-conspirators are now facing wire fraud conspiracy and obstruction of justice charges.

via CBS News|

#crime #donald-trump #fraud