"Jones, 49, was one of the few people implicated in both the sports betting operation and the poker scheme. He originally pleaded guilty to charges of fraud conspiracy and money laundering conspiracy in the sports betting case. However, according to ESPN, he is expected to change that plea to guilty in a hearing on April 28. He's the first of the implicated NBA players and coach expected to enter a guilty plea."
Damon Jones, a former NBA player and assistant coach, is expected to plead guilty in federal court for charges tied to providing inside information to sports bettors. A broader federal investigation uncovered a sports betting operation and a related poker scheme, leading to arrests of more than 30 people in October. Jones was implicated in both matters and previously pleaded guilty to fraud conspiracy and money laundering conspiracy in the sports betting case, with an expected plea change to guilty at a hearing on April 28. Prosecutors allege Jones sold non-public NBA information, including injury updates involving LeBron James and Anthony Davis, to co-conspirators who then placed large wagers. A text allegedly urged betting on Milwaukee before information became public, and prosecutors allege Jones was paid $2,500 for information that resulted in a $100,000 winning wager.
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