Portland Trail Blazers coach Chauncey Billups was arrested on Thursday morning, as a federal grand jury indicted him in connection to his alleged participation in an illegal gambling scheme. This was the result of a wide-ranging gambling investigation that included two separate cases of illegal sports betting and gambling.

Federal prosecutors indicted Portland Trail Blazers coach Chauncey Billups on Thursday, accusing him of participating in illegal gambling schemes. Billups, 49, faces charges of money laundering and wire fraud conspiracy in connection with an alleged rigged poker game from 2019.

Many in a Denver high school community are appreciating Chauncey Billups's impact on and off the court. It comes after he was arrested by the FBI in connection with two investigations involving a sports betting scheme and an organized crime ring.

The sweeping, multipart federal gambling investigation led to the arrests of Rozier, Portland Trail Blazers coach Chauncey Billups and more than 30 other individuals. The NBA placed Rozier and Billups on immediate leave soon after the arrests, with the league saying that it was reviewing the indictments.

The NBA world had a lot to digest on Thursday after the FBI arrested several individuals, including Portland Trail Blazers coach Chauncey Billups.

Former Detroit Pistons legend Chauncey Billups was arrested in Portland, Oregon, on charges connected to an illegal poker ring, federal officals announced Thursday, Oct. 23.

Portland Trail Blazers interim head coach Tiago Splitter shares his first comments since Chauncey Billups was arrested for a poker scandal.

A massive mafia-linked gambling and sports rigging probe led to the arrests of Miami Heat guard Terry Rozier and Portland Trail Blazers head coach Chauncey Billups. Follow for live updates.