Criminal Law

Timothy McCormack Sentenced to Two Years in Prison in NBA Gambling Scheme

A federal judge in Brooklyn handed down a two-year prison sentence Wednesday to a gambler who prosecutors say defrauded sports betting platforms by using non-public information to place highly profitable wagers tied to the performance of NBA players allegedly in on the scheme.

Timothy McCormack is the first defendant to be sentenced for his role in a sweeping conspiracy allegedly involving former NBA players Terry Rozier and Jontay Porter that McCormack blamed on a gambling addiction.

Read more at ABC News

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