Former NBA player Jontay Porter pleads guilty to wire fraud conspiracy in connection to gambling case, prosecutors say

CNN — Former NBA player Jontay Porter pleaded guilty Wednesday to wire fraud conspiracy and was released on a $250,000 bond, according to a spokesperson with the US Attorney’s Office for the Eastern District of New York, in a case stemming from an alleged betting scheme.

“Estimated sentencing guidelines are 41-51 months, max sentence for wire fraud conspiracy is 20 years,” the spokesperson told CNN in an email. Porter’s bond was signed for by his wife and mother, the spokesperson said.

The spokesperson confirmed Porter’s guilty plea was connected to a gambling case in which four other people have also been implicated. A federal complaint filed last month against one of those individuals accused him of conspiring with three others to defraud a sports betting company by using inside information from an NBA player to successfully bet on the performance of that player.