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Feds Prepare Charges in Massive College Basketball Betting Scandal

URGENT UPDATE: Federal prosecutors are on the brink of charging multiple individuals in a sweeping college basketball betting scandal that could involve numerous teams and players across the Southern United States. Sources reveal that the investigation is intensifying and may lead to significant legal actions shortly.

The U.S. Attorney’s Office in Eastern Pennsylvania is actively questioning athletes believed to have intentionally manipulated games to benefit gamblers. This extensive investigation spans the entire nation and could result in official charges imminently, according to Sports Illustrated.

Crucially, this case connects to an ongoing inquiry by the Eastern District of New York into a gambling ring associated with former NBA player Jontay Porter. Authorities are also scrutinizing suspicious betting patterns in games involving Malik Beasley of the Minnesota Timberwolves, although Beasley’s legal representation has confirmed he faces no charges.

Reports indicate that federal agents are examining bets placed on at least nine college basketball games over the last two seasons, implicating a minimum of five different teams. This number could escalate as investigators uncover additional evidence.

The NCAA has initiated its own reviews concerning several programs, including the University of New Orleans, Eastern Michigan, Mississippi Valley State, and Temple. However, it remains unclear which, if any, players may face criminal charges.

At the University of New Orleans, an internal review commenced in January 2023, resulting in the removal of four players from the team by early February. Vince Granito, the interim athletic director, stated that the situation is now a matter between the NCAA and the involved athletes, emphasizing that these issues extend beyond individual institutions, affecting college sports nationwide.

Meanwhile, Eastern Michigan received a notice of inquiry from the NCAA in mid-January, which was quickly followed by requests for cell phone records from five individuals. Gambling watchdogs had flagged two of the team’s games from the previous season due to unusual betting activity.

To date, authorities have charged five men in relation to the scheme linked to Porter, with four admitting guilt to charges of conspiring to commit wire fraud. Prosecutors are expected to charge a sixth individual, Shane Hennen, who was arrested earlier this year, with crimes including money laundering.

Court documents reveal that the operation leveraged stand-ins and fake bettors, leading to millions of dollars in illicit proceeds. Current charges stem from two games where Porter allegedly faked injuries to influence prop bets, but court sessions have hinted at more widespread fraud.

Prosecutors have already compelled some defendants to forfeit up to $500,000, but they still face the challenge of determining restitution amounts for victims impacted by this extensive gambling operation.

As this investigation unfolds, the implications for college basketball and the integrity of the sport are profound. Authorities are urging anyone with information to come forward as they continue to pursue this complex web of illegal betting activities. Stay tuned for further updates as this story develops.

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