Former NBA stars Malik Beasley and Ed Davis have been charged in connection with an alleged illegal sports betting scheme, according to prosecutors.
Beasley and Davis are facing charges alongside four alleged co-conspirators, identified as William Brown, Robert Gorodetsky, Ernesto Plascencia and current NBA player agent Paolo Zamorano, the U.S. Attorney’s Office for the Eastern District of New York said Monday.
Prosecutors allege Beasley, a player for the Milwaukee Bucks at the time, agreed to alter his performance during games and accepted bribes from his co-defendants, who used that information to place bets based on his performance “with the intention of profiting off the scheme.” Those bets were worth hundreds of thousands of dollars, prosecutors noted.
“As alleged, the defendants turned professional basketball into a criminal betting operation, bribing then-NBA player Malik Beasley to fix his performance in multiple games in order to place fraudulent wagers, enrich themselves and cheat legitimate sportsbooks,” U.S. Attorney Joseph Nocella said in a statement.
”Several” defendants were arrested Monday and will be arraigned in the Eastern District of New York at an unspecified later date,” prosecutors said.
“These defendants allegedly operated an illegal betting ring in an attempt to unlawfully earn hundreds of thousands of dollars. As alleged, Malik Beasley allowed himself to be bought and altered his gametime performance to line pockets of Ed Davis and his other co-conspirators,” said James Barnacle, the assistant director in charge of the FBI’s New York field office.
This is a breaking news story. Check back for updates.