Miami Heat guard Terry Rozier was arrested early Thursday morning in Orlando and charged in a federal sports betting and money laundering case that prosecutors say involved using nonpublic information about NBA players and injuries to place illegal wagers.

U.S. Attorney for the Eastern District of New York Joseph Nocella said Rozier is one of six defendants in the first of two large-scale federal cases, both tied to an overlapping network of illegal gambling and organized crime.

"Your winning streak has ended," Nocella said during a Thursday morning news conference. "Violating the law is a losing proposition."

Rozier charged with wire fraud and money laundering conspiracy

According to Nocella, Rozier and others are accused of defrauding sportsbooks by using confidential, nonpublic

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