Current:Home > StocksMan pleads guilty in betting scheme that ensnared ex-NBA player Jontay Porter -VitalWealth Strategies
Man pleads guilty in betting scheme that ensnared ex-NBA player Jontay Porter
View
Date:2025-04-19 17:03:46
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! (61)
Related
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- Swirling federal investigations test New York City mayor’s ability to govern
- Man arrested in the 1993 cold case killing of 19-year-old Carmen Van Huss
- North Carolina state Rep. Kelly Alexander Jr. dies at 75
- A White House order claims to end 'censorship.' What does that mean?
- Freaky Friday’s Jamie Lee Curtis Shares How Motherhood Changed Lindsay Lohan
- Police have upped their use of Maine’s ‘yellow flag’ law since the state’s deadliest mass shooting
- Mbappé could face a hostile home crowd when France hosts Italy in the Nations League
- A White House order claims to end 'censorship.' What does that mean?
- Democratic primary for governor highlights Tuesday’s elections in Delaware
Ranking
- Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
- Family of Holocaust survivor killed in listeria outbreak files wrongful death lawsuit
- Selena Gomez is now billionaire with $1.3 billion net worth from Rare Beauty success
- A rare 1787 copy of the US Constitution is up for auction and it could be worth millions
- Travis Hunter, the 2
- News organizations seek unsealing of plea deal with 9/11 defendants
- Police have upped their use of Maine’s ‘yellow flag’ law since the state’s deadliest mass shooting
- Olympian Rebecca Cheptegei’s Father Shares Heartbreaking Plea After Her Death From Gasoline Attack
Recommendation
A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
Nebraska is evolving with immigration spurring growth in many rural counties
Kourtney Kardashian Shares Sweet Family Photos of Sons Rocky and Reign
Students, here are top savings hacks as you head back to campus
Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
AP Decision Notes: What to expect in Delaware’s state primaries
Connecticut pastor elected president of nation’s largest Black Protestant denomination
'National Geographic at my front door': Watch runaway emu stroll through neighborhood