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flag Former NBA player Damon Jones charged in federal gambling case over insider betting and financial fraud.

flag Former NBA player Damon Jones faces federal charges in a gambling scandal tied to "Operation Nothing But Bet" and "Operation Royal Flush," with prosecutors alleging he used insider information—like a Lakers player’s injury—to influence bets. flag Court documents reveal severe financial troubles, including eviction from a Houston luxury apartment, debts exceeding $100,000, and bankruptcy filings dating to 2013. flag Jones reportedly pledged his 2016 NBA championship ring as collateral for a loan he failed to repay and is sued by multiple creditors. flag He has not entered a plea and is scheduled for arraignment in New York.

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