FBI Arrests 30 in Mafia-Linked NBA Gambling Scandal

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The FBI just revealed a massive insider trading scandal within the NBA.
And that is just the tip of the iceberg, because it is just one of two major illegal gambling operations the FBI laid out today, allegedly involving players like Miami Heat guard Terry Rozier (Ro-zheer VIDEO IN COMMENT), former Cavalier Damon Jones, Trail Blazers coach Chauncey Billups (bill-ups), and even members of the Mafia.
And since there are two major cases here, we’ll break both of them down.
The first involves illegal betting on NBA games, with a US Attorney describing it as one of the “most brazen sports corruption schemes since only sports betting became widely legalized in the United States.”
Terry Ro-zheer was one of the people charged in this scheme, where participants are accused of aiding sports betters by exploiting confidential and insider information about NBA teams and players.[]
Right, information like when a player might be sitting out of a future game, when they would take themselves out for injury, things like that.
And this allowed people in the group to place prop bets both online and in casino sportsbooks, and according to the FBI, most of these bets succeeded.
With the commissioner of the NYPD, who spoke at today’s press conference, explaining some of how this worked, saying:
“They placed wagers on unders on players to score less, rebound less, assist less, using information that was not yet public. In some instances, players altered their performances or took themselves out of games to make sure those bets paid out.” (25:29-25:46)
With her also detailing a time Rozier allegedly did this in 2023 while playing for the Hornets, saying he let people know he planned on leaving the game early with a supposed injury, and:
“Using that information, members of the group placed more than $200,000 in wagers on his under statistics. Rozier exited the game after just nine minutes, and those bets paid out generating tens of thousands of dollars.” (26:05 -26:20)
And proceeds were then allegedly delivered to Ro-zheer’s home.
The allegations for this case take place from 2020 to 2024, and officials say that in at least one instance, the participants used threats to obtain information, allegedly using gambling debts that current player Jontay (Jon-tay) Porter had against him.
Ro-zheer and others tied to this scheme were charged with conspiracy to commit wire fraud and conspiracy to commit money laundering. []
And Damon Jones was also charged in this case, too.

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Produced by: Cory Ray, Philip DeFranco
Edited by: James Girardier, Maxwell Enright, Julie Goldberg, Christian Meeks, Matthew Henry
Art Department: William Crespo
Writing/Research: Maddie Crichton, Philip DeFranco
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#NBA #TerryRozier #ChaunceyBillups