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Former NBA guard Malik Beasley has been indicted on federal charges stemming from an alleged sports betting scheme. Prosecutors say he intentionally altered his performance during games for the benefit of punters.
A federal grand jury in the Eastern District of New York returned the indictment June 24, charging Beasley, former NBA player Ed Davis, current player agent Paolo Zamorano and three other men with conspiracy to commit wire fraud, sports bribery, honest services wire fraud conspiracy and conspiracy to commit money laundering.
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Malik Beasley of the Detroit Pistons competes in Game 5 of the NBA Eastern Conference first round playoffs against the New York Knicks at Madison Square Garden in New York on April 29, 2025. (Sarah Stier/Getty Images)
According to the indictment, Beasley and the others allegedly participated in a scheme between December 2023 and April 2024 that involved using inside information about Beasley’s expected performance to place profitable bets. Beasley was playing for the Milwaukee Bucks at the time.
“Internal bribery and gambling schemes like this one involving former NBA players and a current NBA player agent who exploited inside NBA information for profit erode the integrity of American sports and victimize the sports-watching public,” U.S. Attorney Joseph Nocella Jr. said.
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The indictment details several Bucks games that prosecutors say were manipulated.
Before the January 26, 2024 game against the Cleveland Cavaliers, prosecutors allege that Beasley told Davis he planned to underperform in terms of rebounds. The co-conspirators then allegedly placed thousands of dollars in bets on Beasley’s “under bounces” prop bet. Beasley finished with 3 rebounds, one shy of the betting line.
Ed Davis of the Cleveland Cavaliers prepares to shoot a free throw during a game against the Washington Wizards at Capital One Arena in Washington, DC on December 30, 2021. (Stephen Gosling/NBAE)
The indictment also references games against the Charlotte Hornets on February 27 and the Los Angeles Clippers on March 10. Prosecutors allege Beasley also provided inside information about his expected performance in points and rebounds before those games.
Court documents indicate four of the defendants were arrested Monday morning and will be arraigned in Brooklyn at a later date. Beasley and Zamorano were not in custody Monday.
According to ESPN’s Shams Charania, Beasley’s attorney, Steve Haney, said the government is coordinating a voluntary surrender this week.
Malik Beasley of the Milwaukee Bucks shoots a three-pointer against the Indiana Pacers during the second half of Game 1 of the Eastern Conference first round playoffs at Fiserv Forum in Milwaukee, Wisconsin on April 21, 2024. (Stacy Revere/Getty Images)
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Beasley, 29, last played in the NBA during the 2024-25 season with the Detroit Pistons, averaging 16.3 points per game. He has not appeared in the league since his name surfaced in gambling investigations last year.
Davis last played in the NBA in 2022 after a 12-year career that included stops with eight different franchises.
