Current:Home > FinanceMan pleads guilty in betting scheme that ensnared ex-NBA player Jontay Porter -Wealth Legacy Solutions
Man pleads guilty in betting scheme that ensnared ex-NBA player Jontay Porter
EchoSense View
Date:2025-03-11 04:46:32
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! (884)
Related
- B.A. Parker is learning the banjo
- See Anya Taylor-Joy's Ethereal Wedding Day Style
- While Las Vegas inaugurates its Sphere, London residents push back on plans for replica venue
- Pennsylvania mummy known as 'Stoneman Willie' identified after 128 years of mystery
- Grammy nominee Teddy Swims on love, growth and embracing change
- 'Only Murders in the Building' renewed for Season 4 on Hulu: Here's what to know
- Chipotle has another robot helper. This one makes salads and bowls.
- Dungeon & Dragons-themed whiskey out this week: See the latest brands, celebs to release new spirits
- Senate begins final push to expand Social Security benefits for millions of people
- Costco is seeing a gold rush. What’s behind the demand for its 1-ounce gold bars?
Ranking
- 2 killed, 3 injured in shooting at makeshift club in Houston
- DeSantis said he would support a 15-week abortion ban, after avoiding a direct answer for months
- Vice President Harris among scheduled speakers at memorial for Dianne Feinstein in San Francisco
- 'Tennessee Three' lawmaker Justin Jones sues state House Speaker over expulsion, vote to silence him
- Where will Elmo go? HBO moves away from 'Sesame Street'
- Psyche! McDonald's bringing back the McRib despite 'farewell tour'
- Prosecutors focus on video evidence in trial of Washington officers charged in Manny Ellis’ death
- Man arrested hours after rape and killing of 5-year-old girl in Kansas
Recommendation
New data highlights 'achievement gap' for students in the US
Environmentalists suffer another setback in fight to shutter California’s last nuclear power plant
Merrily We Roll Along and its long road back to Broadway
Pennsylvania could go after lottery winnings, tax returns of turnpike toll scofflaws
Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
Bodies of mother bear and her 2 cubs found dumped on state land leads to arrest
Russia launches more drone attacks as Ukrainian President Zelenskyy travels to a European forum
Horoscopes Today, October 4, 2023