Current:Home > FinanceMan pleads guilty in betting scheme that ensnared ex-NBA player Jontay Porter -VitalWealth Strategies
Man pleads guilty in betting scheme that ensnared ex-NBA player Jontay Porter
View
Date:2025-04-11 22:47:39
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! (4818)
Related
- Kentucky Gov. Andy Beshear ready to campaign for Harris-Walz after losing out for spot on the ticket
- Federal court strikes down Missouri investment rule targeted at `woke politics’
- US prosecutors aim to try Mexican drug lord ‘El Mayo’ Zambada in New York, then in Texas
- Detroit judge who had teen handcuffed for sleeping temporarily removed from his docket
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- Katy Perry to receive Video Vanguard Award and perform live at 2024 MTV VMAs
- ROKOS CAPITAL MANAGEMENT PTY LTD (RCM) Introduction
- What to know about the 5 people charged in Matthew Perry’s death
- Residents in Alaska capital clean up swamped homes after an ice dam burst and unleashed a flood
- Eagles top Patriots in preseason: Tanner McKee leads win, pushing Kenny Pickett as backup QB
Ranking
- Police remove gator from pool in North Carolina town: Watch video of 'arrest'
- Groups opposed to gerrymandering criticize proposed language on Ohio redistricting measure
- Katy Perry to receive Video Vanguard Award and perform live at 2024 MTV VMAs
- 14-year-old Alabama high school football player collapses, dies at practice
- What do we know about the mysterious drones reported flying over New Jersey?
- Alaska State Troopers beat, stunned and used dog in violent arrest of wrong man, charges say
- Kim Dotcom loses 12-year fight to halt deportation from New Zealand to face US copyright case
- Cardinals superfan known as Rally Runner gets 10 months in prison for joining Jan. 6 Capitol riot
Recommendation
In ‘Nickel Boys,’ striving for a new way to see
Fake Heiress Anna Delvey Shares Devious Message as She Plots Social Media Return
Ukraine’s swift push into the Kursk region shocked Russia and exposed its vulnerabilities
Thousands of Disaster Survivors Urge the Department of Justice to Investigate Fossil Fuel Companies for Climate Crimes
Judge says Mexican ex-official tried to bribe inmates in a bid for new US drug trial
Ohio State coach Ryan Day names Will Howard as the team's starting quarterback
How Lubbock artists pushed back after the city ended funding for its popular art walk
Katy Perry to receive Video Vanguard Award and perform live at 2024 MTV VMAs