Fixer in lucrative NCAA basketball betting scheme sentenced to 6 years in prison
Summary
A man named Jalen Smith was sentenced to six years in prison for rigging college basketball games in a large scheme that involved paying players to lose or underperform. The scheme affected nearly 30 NCAA games and resulted in millions of dollars lost by sportsbooks and gamblers.Key Facts
- Jalen Smith was involved in fixing NCAA basketball games during the 2023-24 and 2024-25 seasons.
- Smith pleaded guilty to bribery and wire fraud charges.
- He recruited players and paid them $10,000 to $30,000 per game to perform poorly on purpose.
- The scheme involved nearly 30 games and included schools like DePaul University and Tulane University.
- Over 26 people were charged, including more than a dozen former and active college players.
- The fraudulent bets totaled over $3 million.
- Smith must pay $1.1 million to gambling platforms as restitution.
- Smith also pleaded guilty to a separate felony gun possession charge.
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