"Damon Jones, a former NBA player and coach for the Cleveland Cavaliers, will plead guilty in a sweeping gambling case prosecutors brought last year, accusing players of tipping off co-conspiring bettors with undisclosed lineup and medical information so they could place fraudulent bets on games."
"In the sports betting case, six players and coaches, including Jones and Rozier, are accused of channeling non-public information about upcoming NBA games to their co-conspirators, who then placed fraudulent winning bets and, finally, laundered their earnings."
"Jones allegedly leaked lineup decisions and medical information concerning star players on the Los Angeles Lakers ahead of games in February 2023 and January 2024, allowing co-conspirators to bet accordingly."
Damon Jones, a former NBA player, is set to plead guilty in a gambling case involving illegal sports betting and rigged poker games. Prosecutors indicted 34 defendants, including players and associates of organized crime families. Jones faces charges of wire fraud and money laundering conspiracies. He allegedly leaked confidential lineup and medical information about NBA games, enabling co-conspirators to place fraudulent bets. Other implicated individuals include Chauncey Billups and Terry Rozier, who also shared non-public information with co-conspirators for betting advantages.
Read at www.amny.com
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