What charges did Damon Jones plead guilty to?

Damon Jones pleaded guilty to conspiracy to commit wire fraud.

How did Damon Jones defraud sports betting companies?

Jones used non-public information about NBA player injuries to defraud sports betting companies.

What is Damon Jones's potential sentence?

Jones faces up to 27 months in prison and must forfeit $35,000.

Home / Crime and Justice / Ex-NBA Star Damon Jones Pleads Guilty in Gambling Scheme

Ex-NBA Star Damon Jones Pleads Guilty in Gambling Scheme

28 Apr

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Summary

Damon Jones pleaded guilty to wire fraud conspiracy charges.
He used insider NBA injury information to defraud betting companies.
Jones faces up to 27 months in prison and must forfeit $35,000.

Ex-NBA Star Damon Jones Pleads Guilty in Gambling Scheme

Former NBA player and assistant coach Damon Jones has become the first individual to plead guilty in a sweeping gambling investigation. The 49-year-old pleaded guilty on Tuesday to conspiracy to commit wire fraud in Brooklyn federal court. Jones acknowledged using insider information, specifically non-public injury details of NBA stars, to defraud sports betting companies between December 2022 and March 2024.

Jones expressed sincere apologies to the court, his family, peers, and the NBA for his actions, which violated the league's code of conduct and betting websites' terms of service. He is scheduled for sentencing on January 6, 2027, with potential penalties up to 27 months in prison and a forfeiture of $35,000. He is also separately charged in a rigged poker game scheme.