Former NBA guard and assistant coach Damon Jones was arrested Thursday by the FBI as part of a wide-ranging investigation into illegal sports betting and rigged card games, which also involves Portland Trail Blazers coach Chauncey Billups and Miami Heat guard Terry Rozier .

According to the indictment against Jones, he and his fellow co-conspirators "participated in a scheme to defraud the Betting Companies by providing, obtaining and using non-public information relating to NBA games to place and cause others to place fraudulent sports wagers for profit, and to launder the proceeds thereof."

Notably, the Department of Justice highlighted two Los Angeles Lakers games on Feb. 9, 2023 and Jan. 15, 2024, and alleged that Jones was selling information relating to the injury st

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