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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 gaming performance to benefit bettors.
A federal grand jury in the Eastern District of New York returned the indictment on 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, conspiracy to commit honest services wire fraud and conspiracy to commit money laundering.
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Malik Beasley of the Detroit Pistons plays in game five of the first round of the Eastern Conference NBA playoffs against the New York Knicks at Madison Square Garden in New York City 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 planned performances to place profitable bets. Beasley was playing for the Milwaukee Bucks at the time.
“Bribery and insider betting schemes like this one involving former NBA players and a current NBA player agent who exploited NBA insider information for profit erode the integrity of American sports and victimize the sports-watching public,” said U.S. Attorney Joseph Nocella Jr.
PISTONS’ MALIK BEASLEY FACES FEDERAL INVESTIGATION OVER GAMBLING ALLEGATIONS: REPORT
The indictment details several Bucks games that prosecutors say were rigged.
Before the Jan. 26, 2024, game against the Cleveland Cavaliers, prosecutors allege Beasley told Davis he planned to underperform in rebounding. The co-conspirators then allegedly placed thousands of dollars in bets on Beasley’s “low bounce” prop bet. Beasley finished with 3 rebounds, one less than 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 refers to games against the Charlotte Hornets on February 27 and the Los Angeles Clippers on March 10. Prosecutors allege that Beasley also provided inside information about his expected scoring and rebounding performance before those games.
Court documents indicate that 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 as of 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 makes a three-point shot 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 betting investigations last year.
Davis last played in the NBA in 2022 after a 12-year career that included stops with eight different franchises.
