Rozier Arrested in FBI Gambling, Money‑Laundering Probe

Terry Rozier was arrested Oct. 23 in Orlando in an FBI investigation into an alleged illegal sports‑betting and money‑laundering ring that has produced more than 30 arrests and implicated Portland coach Chauncey Billups. Federal prosecutors say Rozier shared confidential team and medical information — most notably about a March 23, 2023 Hornets‑Pelicans game in which he exited after about 9–10 minutes — enabling bettors to wager more than $200,000 on his “under” and net tens of thousands in winnings. He is charged with wire‑fraud conspiracy and money‑laundering conspiracy and faces up to 20 years on each count. The indictment names several alleged co‑conspirators and is being led by the U.S. Attorney’s Office in Brooklyn; federal authorities say the investigation is ongoing. The Heat placed Rozier on administrative leave, the NBA says its own prior probe found no league‑rule violation, and Rozier’s attorney said he was treated as a “subject, not a target” and will contest the charges.