"Damon Jones pleaded guilty to two counts of conspiracy to commit wire fraud, one related to bets made with online sports books using insider information about NBA players."
"Prosecutors stated that Jones was involved in attracting inexperienced poker players to rigged games, acting as a 'face card' to lure them in."
"Jones provided non-public information about NBA games to help others place bets, receiving a flat fee or a share of the profits in return."
"The indictment included an example where Jones texted a co-conspirator to place a large bet on a Lakers game before the information was public."
Damon Jones became the first individual to plead guilty in a federal gambling case involving former NBA players. He pleaded guilty to two counts of conspiracy to commit wire fraud, linked to providing insider information about NBA players and rigging poker games. Prosecutors indicated that Jones used his position to share non-public information to assist others in placing bets, receiving compensation in return. The case also involves additional charges against Terry Rozier for soliciting a bribe related to gambling activities.
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