All posts tagged: Selfproclaimed

Self-proclaimed ‘gambling guru’ pleads guilty to bribing players, buying inside information in two federal cases

Self-proclaimed ‘gambling guru’ pleads guilty to bribing players, buying inside information in two federal cases

A central figure in sweeping gambling schemes involving pro and college basketball pleaded guilty Thursday to several charges stemming from two separate criminal cases. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Marves Fairley, 40, who has marketed himself on social media as a sports betting influencer, appeared before a federal judge in Brooklyn, New York, where he admitted obtaining nonpublic information to place fraudulent bets on NBA games in a case brought by prosecutors in the Eastern District of New York. Fairley, who describes himself as a gambling guru, pleaded guilty to one count of conspiracy to commit wire fraud and one count of conspiracy to commit money laundering in connection with the pro basketball betting case. In court, Fairley said he and several associates devised a scheme to obtain insider information from NBA players and coaches — information that could influence games’ outcomes — and used it to place lucrative bets. Fairley said he placed a number of bets himself and on behalf of at least …