NewsNovo
A federal grand jury in the Eastern District of New York indicted former NBA guard Malik Beasley on June 24 on charges that he intentionally altered his on-court performance to benefit bettors using insider information.
The indictment names five co-defendants, including former NBA player Ed Davis and current player agent Paolo Zamorano, and alleges the scheme ran from December 2023 through April 2024 while Beasley played for the Milwaukee Bucks.
The Charges Prosecutors charged Beasley, Davis, Zamorano, and three other men with conspiracy to commit wire fraud, sports bribery, honest services wire fraud conspiracy, and conspiracy to commit money laundering.
said the alleged conduct — exploiting inside NBA information for profit — erodes the integrity of American sports and victimizes the sports-watching public.
Keep reading