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Porter pleads guilty in betting scandal

Porter pleads guilty in betting scandal

Former NBA player Jontay Porter pleaded guilty Wednesday in Brooklyn to federal charges of participating in an illegal sports betting scheme, admitting to withdrawing from games to secure winning bets for men to whom he owed gambling debts.

As part of an agreement with prosecutors, Porter, 24, pleaded guilty during an afternoon hearing to one count of conspiracy to commit telecommunications fraud.

“I knowingly agreed to defraud the sports betting companies,” the former Toronto Raptors player told U.S. District Judge James R. Cho in a prepared statement. “I know what I did was wrong and against the law.”

Porter pleads guilty in betting scandal: Betting partners defrauded

The sportsbooks allegedly targeted in fraud were identified in court documents as “NBA Co-Official Sports Betting Partners,” which include DraftKings Inc. and FanDuel Inc.

Judge Cho informed Porter that he likely faces 41 to 51 months in prison upon sentencing on Dec. 18, and noted that Porter had already agreed to $456,000 in restitution. Porter was released on $250,000 bail.

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Rihem Akkouche is a passionate journalist whose mission is to share compelling stories, spark discussion and build a more informed world.