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FBI operation " Nothing But Bet' bags 30+, including NBA PLAYERS and COACHES in...
FBI operation " Nothing But Bet' bags 30+, including NBA PLAYERS and COACHES in massive illegal sports rigging and gambling schemes, connected to the Italian Crime Families.
More than 30 people have been arrested in a sweeping investigation into fraudulent sports gambling and betting that began several years ago.
The investigations included alleged illegal and rigged gambling activities in which the perpetrators used special technology including contact lenses to read cards, manipulate shuffles, and communicate with others.
They enticed their victims with the prospect of playing alongside notable individuals including athletes, officials say.
Charges include wire and crypto fraud, money laundering, extortion, and armed robbery, officials says.
Another scheme involved players using privileged information to help others bet on their games.
In one case, NBA player Terry Rozier is suspected to have feigned an injury during a game, information he is alleged to have passed on before the game started.
Victims lost about $7 million (£5.2 million) in the schemes. One person lost over $1 million, officials say.
Officials says the National Basketball Association is cooperating and that college basketball games were not part of this investigation.
The case unveiled today involves members of New York's most notorious crime families, including the Bonanno, Genovese, and Gambino.
The Five Families - the Bonanno, Colombo, Gambino, Genovese and Lucchese - have ruled the city's Italian American mafia since 1931.
Major mob takedowns reduced the prevalence of mafia activity in the 1990s, aided by the Racketeer Influenced and Corrupt Organizations (RICO) Act and then-mayor Rudy Giuliani. But, as today's indictments show, the mafia has not entirely gone away.
The Five Families are part of the larger American-Sicilian mafia operation known as La Cosa Nostra, which translates to "this thing of ours", and the members often work closely with their counterparts in Sicily.
On the Italian side, the gangsters consider New York City to be a "gym" where their members go to be toughened up, criminology professor and modern organized crime expert Anna Sergi.
What other sports or leagues are doing the same thing and how many casinos are taking advantage of their customers?
The answer is a lot more than you would think, especially with the type of technology they have today
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