Overview
- A federal grand jury in the Eastern District of New York returned an indictment that was unsealed Monday charging Malik Beasley and five co‑defendants with wire fraud conspiracy, bribery in sporting contests, honest‑services fraud and money‑laundering conspiracy.
- Prosecutors allege the scheme targeted player prop bets during the 2023–24 NBA season and include specific games where Beasley is accused of underperforming or overperforming to benefit wagers after sportsbooks flagged unusual betting activity.
- The indictment names former NBA player Ed Davis, agent Paolo Zamorano and three other men as co‑defendants and cites text messages and betting records as evidence of coordination.
- Officials say several co‑defendants were taken into custody, the government is coordinating Beasley’s voluntary surrender and arraignment this week, and the charges carry statutory maximum sentences that include decades for some counts.
- The case builds on a broader EDNY sports‑betting probe that previously implicated other basketball figures and has already cost Beasley NBA opportunities, including a rescinded Pistons offer and a season overseas.