Former NBA Player Damon Jones To Plead Guilty To Federal Sports Gambling Charges
Summary
Former NBA player Damon Jones, 49, is set to change his plea to guilty in federal court regarding involvement in a large-scale gambling investigation. He faces charges in two separate indictments concerning illegal sports betting, where he allegedly used non-public information – such as LeBron James’ injury status – to aid bettors, and participation in rigged poker games using specialized equipment. While his attorney states he is not cooperating, prosecutors allege Jones exploited confidential information for profit, turning professional basketball into a “criminal betting operation.” Jones played 11 seasons in the NBA and later worked as a coach, including with the Cleveland Cavaliers during their 2016 championship win. He remains free on bail as the investigation, involving over 30 individuals and potential ties to organized crime, continues.
(Source:Plato Data Intelligence)