Current:Home > InvestMan pleads guilty in betting scheme that ensnared ex-NBA player Jontay Porter -FinanceCore
Man pleads guilty in betting scheme that ensnared ex-NBA player Jontay Porter
View
Date:2025-04-18 08:12:56
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! (6921)
Related
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- Indian states vote in key test for opposition and PM Modi ahead of 2024 national election
- The ballot issues for Election Day 2023 with the highest stakes across U.S. voting
- Australian central bank lifts benchmark cash rate to 4.35% with 13th hike
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
- Barbra Streisand's memoir shows she wasn't born a leading lady — she made herself one
- NCAA Div. I women's soccer tournament: Bracket, schedule, seeds for 2023 championship
- Landlord upset over unpaid rent accused of setting apartment on fire while tenants were inside
- $73.5M beach replenishment project starts in January at Jersey Shore
- Kelly Osbourne Pens Moving Birthday Message to Son Sidney After Magical First Year Together
Ranking
- The White House is cracking down on overdraft fees
- After 20 years, Boy George is returning to Broadway in 'Moulin Rouge! The Musical'
- One of Virginia’s key election battlegrounds involves a candidate who endured sex scandal
- Megan Fox Describes Abusive Relationship in Gut-Wrenching Book of Poems
- Why members of two of EPA's influential science advisory committees were let go
- Ever wonder what to eat before a workout? Here's what the experts suggest.
- Was Milton Friedman Really 'The Last Conservative?'
- Barbra Streisand details how her battle with stage fright dates back to experience in Funny Girl
Recommendation
Meet first time Grammy nominee Charley Crockett
Protesters calling for Gaza cease-fire block road at Tacoma port while military cargo ship docks
Protesters calling for Gaza cease-fire block road at Tacoma port while military cargo ship docks
Exonerated ‘Central Park Five’ member set to win council seat as New York votes in local elections
B.A. Parker is learning the banjo
Broadcast, audio companies will be eligible for Pulitzer Prizes, for work on digital sites
Highland Park suspected shooter's father pleads guilty to reckless conduct
James Corden to host SiriusXM show 'This Life of Mine with James Corden': 'A new chapter'