New Jersey prosecutors charge 14 over alleged illegal sports betting operation
New Jersey prosecutors charged 14 people over an alleged illegal sports betting operation, with student athletes among those accused of running sportsbooks. Prosecutors said the enterprise transferred about $2 million in suspected gambling transactions between 2022 and 2024; the defendants face charges including racketeering, bookmaking and money laundering.
The case concerns alleged illegal bookmaking and money laundering, including sportsbook activity attributed to student athletes.