Current:Home > MarketsOliver James Montgomery-Man pleads guilty in betting scheme that ensnared ex-NBA player Jontay Porter -WealthFocus Academy
Oliver James Montgomery-Man pleads guilty in betting scheme that ensnared ex-NBA player Jontay Porter
Burley Garcia View
Date:2025-04-09 13:23:08
NEW YORK (AP) — A gambler pleaded guilty Wednesday in a sports betting scandal that got NBA player Jontay Porter kicked out of the league earlier this year.
Long Phi Pham,Oliver James Montgomery also known as Bruce Pham, pleaded guilty to conspiring to commit wire fraud, admitting that he schemed to con sports betting companies, according to prosecutors and a court document. He could face anything from a no-jail punishment to 20 years in prison at his sentencing, set for April 25 in a Brooklyn, New York, federal court.
Messages seeking comment were sent to his attorneys.
Pham and three other men were charged in June with plotting to cash in on from a player’s secret plans to claim illness to pull out of two games early. The withdrawals ensured a payout for anyone who bet on him to underperform expectations.
The complaint didn’t name the player, but details made clear it was Porter, whom the NBA banned for life in April after conducting its own investigation.
One of Pham’s co-defendants induced the athlete to withdraw from games, according to a court complaint. The document said the conspirators were on track to collect over $1 million — and share some with the player — before a betting company smelled a rat and blocked collection of a lot of the money.
Pham, who is in his 30s, was arrested as he boarded a flight to Australia with roughly $12,000 in cash, days after learning about the investigation, prosecutors said at the time. They suggested the Brooklyn resident was trying to elude their reach, but his lawyer said Pham was a professional poker player and was traveling for a tournament.
Porter, who was last with the Toronto Raptors, pleaded guilty in July to wire fraud conspiracy. He told a court that his own gambling debts drove him to bench himself so conspirators could win bets.
Porter withdrew from two games last winter after playing only a few minutes and saying he was hurt or sick. On both occasions, his points, rebounds and assists fell below sportsbooks’ predictions.
He is now awaiting sentencing, scheduled for Dec. 18.
Pham’s three co-defendants have yet to enter pleas.
veryGood! (47884)
Related
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- Haiti orders a curfew after gangs overrun its two largest prisons. Thousands have escaped
- Emma Stone’s $4.3 Million Los Angeles Home Is Like Stepping into La La Land
- Denver Broncos inform QB Russell Wilson they’ll release him when new league year begins
- 'We're reborn!' Gazans express joy at returning home to north
- New York City nearly resolves delays in benefits to thousands of low income residents, mayor says
- Three-man, one-woman crew ready for weather-delayed launch to space station
- 'Dune: Part Two' rides great reviews, starry young cast to $81.5 million debut
- Senate begins final push to expand Social Security benefits for millions of people
- Nikki Haley wins Washington, D.C., Republican primary, her first 2024 nominating contest win
Ranking
- Average rate on 30
- New Mexico governor signs bill that bans some guns at polls and extends waiting period to 7 days
- New York City nearly resolves delays in benefits to thousands of low income residents, mayor says
- The Biden Administration is Spending Its ‘Climate Smart’ Funding in the Wrong Places, According to New Analyses
- A South Texas lawmaker’s 15
- Supreme Court temporarily blocks Texas law that allows police to arrest migrants
- Federal safety officials say Boeing fails to meet quality-control standards in manufacturing
- Here's how to negotiate a lower commission fee from your real estate agent
Recommendation
Highlights from Trump’s interview with Time magazine
Curfews, checkpoints, mounted patrols: Miami, Florida cities brace for spring break 2024
Travis Kelce Breaks Down in Tears Watching Brother Jason Kelce's Retirement Announcement
Florida gymnastics coach charged with having sex with 2 underage students
US wholesale inflation accelerated in November in sign that some price pressures remain elevated
Curfews, checkpoints, mounted patrols: Miami, Florida cities brace for spring break 2024
Mike Evans, Buccaneers agree to two-year contract ahead of NFL free agency
Gun control advocates urge Utah governor to veto bill funding firearms training for teachers