"At a press conference in New York, FBI Director Kash Patel announced "a historic arrest across a wide-sweeping criminal enterprise that envelopes both the NBA and "La Cosa Nostra," more commonly known as the Sicilian Mob or Mafia. Among some of the high-profile individuals indicted are Chauncey Billups, an NBA hall-of-fame player and current head coach of the Portland Trailblazers, and Terry Rozier, who currently plays for the Miami Heat. Damon Jones, another former NBA player, was also arrested and indicted."
"The underground poker games, on the other hand, sound like a scheme Tony Soprano's crew cooked up at The Bing. "As alleged, members and associates of organized crime families fixed illegal poker games as part of a highly sophisticated and lucrative fraud scheme to cheat victims out of millions of dollars and conspired with others to perpetrate their frauds," said U.S. Attorney Joseph Nocella Jr., in a statement."
Federal prosecutors arrested and charged dozens of people in a sprawling criminal case tying sports betting schemes to organized crime and NBA insiders. The indictments name high-profile figures including Chauncey Billups, Terry Rozier, and Damon Jones and allege coordination with La Cosa Nostra. Investigators say insider information about player injuries, including an injury to LeBron James, was leaked to bettors to gain wagering advantages. Separate allegations describe fixed underground high-stakes poker games that cheated victims out of millions. U.S. prosecutors allege organized crime members conspired with former athletes who acted as 'Face Cards' to lure victims. The NBA placed implicated personnel on immediate leave.
Read at Fast Company
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