NEW YORK — Federal prosecutors unsealed two indictments Thursday outlining an illegal betting scheme that has rocked the NBA and named current and former players, including the Miami Heat’s Terry Rozier; former Clippers player and current Portland head coach Chauncey Billups; and retired NBA player and friend of LeBron James Damon Jones.
Prosecutors are accusing Rozier and Jones of using private insider NBA information such as when when players would sit out to help others profit in leveraged bets online.
In a separate indictment from the East District of New York, Billups, who played with the Clippers for two seasons and later was a member of Clippers coach Ty Lue’s staff before earning the Trail Blazers head coaching job, is charged with rigging underground poker games that New York’s Mafia families backed, authorities said.