Current:Home > InvestMan pleads guilty in betting scheme that ensnared ex-NBA player Jontay Porter -VitalEdge Finance Pro
Man pleads guilty in betting scheme that ensnared ex-NBA player Jontay Porter
View
Date:2025-04-15 06:56:46
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! (8)
Related
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- How to enter the CBS Mornings Mixtape Music Competition
- Olivia Culpo Marries Christian McCaffrey in Rhode Island Wedding Ceremony
- Mega Millions winning numbers for June 28 drawing: Jackpot rises to $137 million
- FBI: California woman brought sword, whip and other weapons into Capitol during Jan. 6 riot
- Second U.S. service member in months charged with rape in Japan's Okinawa: We are outraged
- Why Eric Dane Thinks He Was Fired From Grey’s Anatomy
- Gathering of 10,000 hippies in forest shut down as Rainbow Family threatened with jail
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Why Eric Dane Thinks He Was Fired From Grey’s Anatomy
Ranking
- Everything Simone Biles did at the Paris Olympics was amplified. She thrived in the spotlight
- The Daily Money: Still no relief at the supermarket
- MLB midseason awards: Biggest surprises and disappointments of 2024
- France’s exceptionally high-stakes election has begun. The far right leads polls
- A Georgia governor’s latest work after politics: a children’s book on his cats ‘Veto’ and ‘Bill’
- The Latest | Polls are open in France’s early legislative election
- Noah Lyles wins 200 at Olympic trials, qualifies for sprint double
- Disappointed Democrats stick with Biden after rough debate performance
Recommendation
Giants, Lions fined $200K for fights in training camp joint practices
Juan Estrada vs. Jesse 'Bam' Rodriguez live: Updates, card for WBC super flyweight title
Sydney McLaughlin-Levrone has fastest 400 hurdles time to advance to final
The Latest | Polls are open in France’s early legislative election
Kourtney Kardashian Cradles 9-Month-Old Son Rocky in New Photo
Trump mocks Biden over debate performance, but says it's not his age that's the problem
Hurricane Beryl an 'extremely dangerous' Cat 4 storm as it roars toward Caribbean
2024 BET Awards: Killer Mike Shares Blessing That Came One Day After Arrest at Grammy Awards