Overview
- Two related federal indictments unsealed in Brooklyn charge wire fraud, money laundering, extortion, robbery and illegal gambling in operations that officials say spanned years, 11 states and involved tens of millions of dollars.
- Authorities allege Terry Rozier and others shared non‑public player information used to place profitable prop bets, including a March 2023 Hornets game where Rozier signaled an early exit that bettors exploited via straw accounts.
- Chauncey Billups is charged in a separate case accusing defendants of rigging high‑stakes poker with altered shufflers, hidden cameras and x‑ray tables, with proceeds tied to Bonanno, Gambino, Lucchese and Genovese families.
- The NBA placed Rozier and Billups on immediate leave and says it is cooperating with investigators, while both men have been released on conditions and deny the allegations; Billups has a Nov. 9 court date in Brooklyn and Rozier is due Dec. 8.
- Prosecutors and reporting link the betting case to the Jontay Porter matter, underscoring concerns about prop bets’ vulnerability even as sportsbooks are treated as victims in the ongoing investigation.