Current:Home > FinanceMan pleads guilty in betting scheme that ensnared ex-NBA player Jontay Porter -AlphaFinance Experts
Man pleads guilty in betting scheme that ensnared ex-NBA player Jontay Porter
View
Date:2025-04-16 10:40:54
NEW YORK (AP) — A gambler pleaded guilty Wednesday in a sports betting scandal that got NBA player Jontay Porter kicked out of the league earlier this year.
Long Phi Pham, also known as Bruce Pham, pleaded guilty to conspiring to commit wire fraud, admitting that he schemed to con sports betting companies, according to prosecutors and a court document. He could face anything from a no-jail punishment to 20 years in prison at his sentencing, set for April 25 in a Brooklyn, New York, federal court.
Messages seeking comment were sent to his attorneys.
Pham and three other men were charged in June with plotting to cash in on from a player’s secret plans to claim illness to pull out of two games early. The withdrawals ensured a payout for anyone who bet on him to underperform expectations.
The complaint didn’t name the player, but details made clear it was Porter, whom the NBA banned for life in April after conducting its own investigation.
One of Pham’s co-defendants induced the athlete to withdraw from games, according to a court complaint. The document said the conspirators were on track to collect over $1 million — and share some with the player — before a betting company smelled a rat and blocked collection of a lot of the money.
Pham, who is in his 30s, was arrested as he boarded a flight to Australia with roughly $12,000 in cash, days after learning about the investigation, prosecutors said at the time. They suggested the Brooklyn resident was trying to elude their reach, but his lawyer said Pham was a professional poker player and was traveling for a tournament.
Porter, who was last with the Toronto Raptors, pleaded guilty in July to wire fraud conspiracy. He told a court that his own gambling debts drove him to bench himself so conspirators could win bets.
Porter withdrew from two games last winter after playing only a few minutes and saying he was hurt or sick. On both occasions, his points, rebounds and assists fell below sportsbooks’ predictions.
He is now awaiting sentencing, scheduled for Dec. 18.
Pham’s three co-defendants have yet to enter pleas.
veryGood! (7)
Related
- How effective is the Hyundai, Kia anti-theft software? New study offers insights.
- Residents, communities preparing for heat wave that will envelop Midwest, Northeast next week
- 2 killed and several wounded in shooting during a Juneteenth celebration in a Texas park
- $50M wrongful conviction case highlights decades of Chicago police forced confessions
- Immigration issues sorted, Guatemala runner Luis Grijalva can now focus solely on sports
- Judge blocks Biden’s Title IX rule in four states, dealing a blow to protections for LGBTQ+ students
- Q&A: Choked by Diesel Pollution From Generators, Cancer Rates in Beirut Surge by 30 Percent
- Can Ravens' offense unlock new levels in 2024? Lamar Jackson could hold the key
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- A ‘Rights of Nature’ Tribunal Puts the Mountain Valley Pipeline on Trial
Ranking
- Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
- Arrests of 8 with suspected ISIS ties in U.S. renew concern of terror attack
- Nick Mavar, longtime deckhand on 'Deadliest Catch', dies at 59 after 'medical emergency'
- Floating Gaza aid pier temporarily dismantled due to rough seas
- Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
- More bottles of cherries found at George Washington's Mount Vernon home in spectacular discovery
- History buff inadvertently buys books of Chinese military secrets for less than $1, official says
- Mama June's Daughter Jessica Chubbs Shannon Wants Brother-In-Law to Be Possible Sperm Donor
Recommendation
Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
'Predator catchers' cover the USA, live-streaming their brand of vigilante justice
Treasure trove recovered from ancient shipwrecks 5,000 feet underwater in South China Sea
Dr. Anthony Fauci turned down millions to leave government work fighting infectious diseases
Shilo Sanders' bankruptcy case reaches 'impasse' over NIL information for CU star
Shooting in Detroit suburb leaves ‘numerous wounded victims,’ authorities say
Can Ravens' offense unlock new levels in 2024? Lamar Jackson could hold the key
Reese Witherspoon Debuts Jaw-Dropping Nicole Kidman Impression While Honoring Her