Chauncey Billups, Portland Trail Blazers
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NBA star and current Portland Trail Blazers head coach made almost $107 million in his playing career. So why is his net worth so much lower?
Many in a Denver high school community are appreciating Chauncey Billups's impact on and off the court. It comes after he was arrested by the FBI in connection with two investigations involving a sports betting scheme and an organized crime ring.
The FBI arrested Portland Trail Blazers coach Chauncey Billups and Heat guard Terry Rozier as part of extensive NBA gambling scandal with mafia ties.
The federal government says the cases reveal ties to game-fixing and rigged poker games between the NBA and four New York crime families.
The stunning allegations paint a picture of a sophisticated cheating scheme that featured X-ray-equipped poker tables, rigged card shufflers, marked cards and the use of sensor-equipped contact lenses and glasses by colluding players at the table.
The NBA world was rocked by the arrests of Chauncey Billups, Terry Rozier, and others on Thursday. At the end of a long investigation, the FBI arrested several people on account of illegal gambling activity.
Dozens of people including former and current NBA players and a coach have been charged in connection to two investigations into an alleged widespread sports betting scheme and organized crime ring, the FBI and federal prosecutors announced Thursday.
Big-money bettors lost millions of dollars in a rigged poker scheme, according to legal documents released Oct. 23.
Three suspects involved in the major gambling case, which implicated a former NBA star and major crime families, were set to appear in Macon court today.
An NBA Hall of Famer, a current star and former player are among dozens arrested in an FBI crackdown on illegal gambling that includes alleged members of organized crime families.