US EditionFormer NBA Referee: Arrests ‘Tip of the Iceberg’
FBI arrested NBA figures and members of four New York Mafia families for a multi-year illegal gambling racketeering scheme generating tens of millions in fraud, officials said.
- On Thursday, the FBI announced arrests of Portland Trail Blazers coach Chauncey Billups, Miami Heat guard Terry Rozier, and former NBA player Damon Jones in a major gambling scandal involving two investigations and alleged ties to organized crime.
- Charging papers show the Genovese crime family and Bonanno crime family used high-tech tools and offshore betting, with the FBI chief stating, `The don is covered with Velcro, and every charge stuck`.
- Miami Heat guard Terry Rozier is accused of telling childhood friend DeNiro Laster he would exit a game, prompting gamblers to place more than $250,000 in prop bets.
- NBA Commissioner Adam Silver urged tighter regulation of prop bets two days before the Justice Department estimated the probe uncovered tens of millions of dollars in fraud and theft.
- Previous point‑shaving cases show 32 players from seven programs were involved, while former chief Edward A. McDonald noted $100,000 can sway players in a sports‑betting industry worth more than $100 billion.
20 Articles
20 Articles
The Notorious NYC Mafia Families Involved in NBA Gambling Scandal
The New York mafia is still kicking—and it may be more powerful than experts believed. Several members of New York City’s most prominent crime families were among the dozens of people arrested on Thursday in connection with rigged poker games that federal officials say involved tens of millions of dollars and high-profile NBA figures. [time-brightcove not-tgx=”true”] Prosecutors alleged that illegal poker games that cheated participants out of n…
The NBA has just begun to process its scandal, since a betting provider comes with a crooked idea around the corner.
Former NBA referee: Arrests ‘tip of the iceberg’
Former NBA referee Tim Donaghy, who spent almost a year in prison for fixing games, said Thursday the arrests this week in connection with betting on NBA games could set the stage for bigger scandals to come. “I think this is just the tip of the iceberg, like you said earlier,” Donaghy told Chris Cuomo…
Authorities said the "alluring" fraud involved tens of millions of dollars and included members of organized crime.
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