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Beasley, Davis, and an NBA agent are among six people charged in connection with the sports betting scheme.
Updated on 29 Jun 2026
Former NBA players Malik Beasley and Ed Davis were indicted Monday on federal charges related to alleged sports betting.
They are among six defendants named in an indictment issued by the US Attorney’s Office for the District of New York.
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Davis was arrested Monday along with William Brown, Rob Gorodetsky and Ernesto Plascencia, while Beasley and Paolo Zamorano had not been arrested as of Monday morning.
Zamorano is an NBA player agent.
The lawsuit alleges Beasley lost millions of dollars gambling during his nine-year NBA career with six teams from 2016-2025. He agreed to change his performance for at least three games during the 2023-24 season with the Milwaukee Bucks so that his attackers could calculate his stats, according to the statement.
Prosecutors say Beasley accepted bribes to reduce or repay loans he owed Davis, a Minnesota Timberwolves teammate in 2020-2021. Davis played 12 seasons with eight teams from 2010-22.
“The only way to beat Vegas is to bet on the game,” Davis wrote to Beasley in December 2023, according to the lawsuit. “… We can make good money.”
A month later, Beasley told Davis that he would not do well to return for the Jan. 26, 2024, game between the Bucks and the Cleveland Cavaliers, according to the indictment. He finished with three rebounds, below the 3.5 betting line in some sportsbooks.
“(A) defendants and their associates invested in fraudulent transactions totaling tens of thousands of dollars in Malik Beasley’s ‘under rebounds’ scams,” he said.
As of Monday afternoon, the NBA had not released a public statement on the allegations.
Beasley, the first-round pick in the 2016 NBA Draft by the Denver Nuggets, earned about $60 million during his NBA career, which ended in 2019. Davis, the first-round pick in 2010 by the Toronto Raptors, earned about $47 million.