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Portland Blazers head coach Chauncey Billops has placed his Lake Oswego home on sale for an asking price of $4.2 million amid a massive probe into his alleged ties to a mob-run poker game syndicate.
The home, located on Knaus Road in Lake Oswego, is a 4-bed, 6-bath, 7,366-square-foot home that sits on a 1.74-acre lot. It features a home theater, wine cellar, gym, lagoon-style pool, and a practice golfing green.
The Basketball Hall of Fame pleaded not guilty to the charges in late November.
He was arraigned in a federal court in Brooklyn on money laundering conspiracy and wire fraud conspiracy charges, each carrying a maximum sentence of 20 years in prison.
Prosecutors say he was involved in a scheme to rig mob-backed illegal poker games in Manhattan, Las Vegas, Miami and the Hamptons. Others face charges of running an illegal gambling business, robbery conspiracy and extortion conspiracy. Prosecutors said Monday that plea negotiations have begun with some defendants but did not identify them.
U.S. District Court Judge Ramon Reyes said he hopes to bring the sprawling case to trial by next September, telling lawyers to “do what you have to do.”
- Jagajeet Chiba, Gambling911.com
