DDD-Sports > Football > Billups was charged with money laundering fraud! The arrest code was Royal Flush and the victim lost more than 7 million.

Billups was charged with money laundering fraud! The arrest code was Royal Flush and the victim lost more than 7 million.

On October 24, the new NBA regular season has begun in full swing. According to previous reports, Trail Blazers head coach Billups was arrested for participating in illegal gambling! There have been further reports on the matter, and his official charges are conspiracy to commit money laundering and wire fraud.

Regarding the arrest of Billups, Trail Blazers reporter Sean Highkin followed up the report and said: "It needs to be clarified that Billups was arrested on suspicion of illegal gambling and Rozier was arrested on suspicion of betting. These are completely different things. There are three overlapping defendants in the two cases, but Billups is not among them."

Trail Blazers reporter John Canzano reported that victims of cases involving Billups lost more than $7 million. Billups was used as a "front" to provide endorsements as a gimmick to lure victims into illegal and rigged poker games. Prosecutor Joseph Nocera Jr. said the games were a "scam" in which victims were defrauded using cheating techniques. The FBI arrested Billups at his home in the early hours of local time as part of a nine-state joint arrest operation, which was officially codenamed "Royal Flush."

In addition, Billups is officially charged with conspiracy to commit money laundering and wire fraud. It is worth mentioning that according to calculations, Billups' total salary during his player career is US$106.8 million. US media HoopsHype commented: "According to our real value measurement standards, he is one of the most underpaid players in NBA history."

At present, the NBA has officially issued a statement that Billups will leave the Trail Blazers immediately, and assistant coach Splitter is temporarily promoted to interim coach. What is everyone's evaluation of Billups' arrest? Welcome to give your opinions in the comment area.