Federal prosecutors in Brooklyn say Eric Earnest, the lead defendant in the NBA betting fraud case, will enter a guilty plea on October 22. He faces charges of conspiracy to commit wire fraud and conspiracy to commit money laundering.

The indictment alleges that from 2023 to March 2024, Earnest and others used confidential locker-room information to steer a betting syndicate's wagers, defrauding four sportsbooks that have not been named publicly. Examples cited include more than $200,000 in bets tied to Terry Rozier's statistics and more than $100,000 wagered against the Portland Trail Blazers.

Rozier and former Trail Blazers coach Chauncey Billups deny the allegations. Earnest would follow Damon Jones and Marves Fairley as the third defendant to plead guilty.

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Source: Gambling Industry News. Summary written by Playfield Review.