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NBA Coach Billups Denies Mafia Poker Rigging Charges
24 Nov
Summary
- Chauncey Billups pleaded not guilty to money laundering and wire fraud conspiracy.
- Prosecutors allege he worked with the Mafia to rig illegal poker games.
- Billups was released on a $5 million bond.
Portland Trail Blazers coach and NBA Hall of Famer Chauncey Billups pleaded not guilty in Brooklyn federal court to charges of money laundering and conspiracy to commit wire fraud. Prosecutors contend he conspired with Mafia members to rig illegal poker games, allegedly employing the celebrity of athletes to attract participants and using advanced tools for deception.
The indictment, which includes 31 defendants, details a sophisticated scheme that reportedly defrauded victims of at least $7 million since 2019. Allegations also include the use of violence and extortion for debt collection. Billups' attorney has asserted his client's innocence, emphasizing his commitment to his legacy and reputation.
Billups was released on a $5 million bond backed by his Colorado home. This case is part of a broader criminal investigation into alleged bet-rigging by professional athletes, particularly relevant amidst the growth of legal sports betting in the US. A prior hearing is scheduled for March 4.
