"The alleged scheme involving Rozier had to do with the manipulation of prop bets. The gamblers supposedly used non-public information about NBA players, and a network of straw bettors operating on online sportsbooks and in-person casinos, to bet hundreds of thousands of dollars. They bet the under on the players who intended to play worse, or remove themselves early from games."
"One involved prop bets and hundreds of thousands of dollars in fraudulent profits, and another involved illegal rigged poker games and millions of dollars of fraudulent profits. The two alleged schemes vary in scope and appear to have bundled together because of the pro basketball angle, and because they involved three overlapping defendants, including former NBA journeyman Damon Jones. The NBA announced in a statement that both Rozier and Billups have been placed on immediate leave."
Federal authorities arrested Portland coach Chauncey Billups and Miami guard Terry Rozier in a probe tied to two gambling schemes. One scheme allegedly manipulated prop bets using non-public player information and a network of straw bettors to place hundreds of thousands of dollars, including bets on players who planned to perform poorly or exit games early. Co-conspirators reportedly gathered at Rozier’s home to count winnings. The other scheme involved illegal rigged poker games with millions in alleged fraudulent profits and included overlapping defendants such as former NBA player Damon Jones. Both Rozier and Billups have been placed on leave.
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