Current:Home > MyMan pleads guilty in betting scheme that ensnared ex-NBA player Jontay Porter -Summit Capital Strategies
Man pleads guilty in betting scheme that ensnared ex-NBA player Jontay Porter
View
Date:2025-04-18 04:41:37
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! (3343)
Related
- The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
- Mike Pinder, last original Moody Blues member, dies months after bandmate Denny Laine
- Selling weight-loss and muscle-building supplements to minors in New York is now illegal
- Judge reject’s Trump’s bid for a new trial in $83.3 million E. Jean Carroll defamation case
- Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
- Russia's Orthodox Church suspends priest who led Alexey Navalny memorial service
- Native American tribes want US appeals court to weigh in on $10B SunZia energy transmission project
- Brittany Mahomes and Patrick Mahomes’ Red Carpet Date Night Scores Them Major Points
- Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
- The Daily Money: What is the 'grandparent loophole' on 529 plans?
Ranking
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- New reporting requirements for life-saving abortions worry some Texas doctors
- Antiwar protesters’ calls for divestment at universities put spotlight on how endowments are managed
- Brittany Mahomes and Patrick Mahomes’ Red Carpet Date Night Scores Them Major Points
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- Bill Belichick's not better at media than he was a NFL coach. But he might get close.
- For Zendaya, it was ‘scary’ making ‘Challengers.’ She still wants ‘more movies’ like it.
- Gay actor’s speech back on at Pennsylvania school after cancellation over his ‘lifestyle’
Recommendation
Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
Luna County corporal is charged for his role in deadly 2023 crash while responding to a call
The federal government plans to restore grizzly bears to the North Cascades region of Washington
Here's the truth about hoarding disorder – and how to help someone
What do we know about the mysterious drones reported flying over New Jersey?
How Travis Kelce Feels About Taylor Swift’s Tortured Poets Department Songs
The Justice Department admitted a Navy jet fuel leak in Hawaii caused thousands to suffer injuries. Now, victims are suing the government.
Harvey Weinstein timeline: The movie mogul's legal battles before NY conviction overturned