Federal Indictment
Former NBA player Malik Beasley was indicted on federal charges related to illegal sports gambling along with five others, including ex-player Ed Davis. Prosecutors allege the pair coordinated Beasley's on-court performance during the 2023-24 season to benefit bettors. The case stems from an investigation that surfaced publicly one year ago.
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Federal prosecutors in Philadelphia have indicted 26 individuals, including 20 college basketball players, for their alleged roles in a widespread point-shaving conspiracy affecting at least 29 Division I games across 17 schools. The scheme, which began in 2022 and targeted mostly low- and mid-major programs, involved bribing players to manipulate game outcomes for gambling profits totaling millions of dollars. Five charged players were active on rosters this season until suspensions followed the announcement.