Fixer in lucrative NCAA basketball betting scheme sentenced to 6 years in prison

A man charged with rigging college basketball games as part of an elaborate point-fixing scheme that raked in millions was sentenced to six years in federal prison, prosecutors in Pennsylvania announced on Tuesday.It was the first penalty handed down as part of an investigation that revealed a sprawling network of professional gamblers and college basketball players who, prosecutors say, profited off fixed games.Prosecutors said Jalen Smith, 30, played a “central role” in helping fix games in the 2023-24 and 2024-25 NCAA Division I basketball seasons, placing bets and recruiting players with the promise of a big payment for purposefully underperforming during a game, U.S. Attorney David Metcalf said on Tuesday. Bettors would then wager against the players’ teams in those games, defrauding sportsbooks and other gamblers, authorities said. Smith pleaded guilty earlier this year to bribery and wire fraud charges.The sentencing comes at the start of the 2026-27 NCAA basketball season, when bettors will wager billions of dollars both legally and illegally on games nationwide. In the meantime, law enforcement, regulators and sports leagues have struggled to keep up with gambling's growing popularity in collegiate and professional sports alike. “Today’s sentencing sends a clear message: Those who exploit professional and collegiate athletes for personal gain will be held accountable,” said Wayne A. Jacobs, special agent in charge of the FBI's Philadelphia office. “This conduct does more than harm individual athletes. It undermines the integrity of sports and the trust placed in fair competition.”The point-shaving scheme Smith was involved in is said to have involved nearly 30 NCAA basketball games, and included schools like DePaul University, State University of New York at Buffalo and Tulane University, among others. Prosecutors accused Smith and at least 26 other named defendants of wagering millions of dollars and paying hundreds of thousands of dollars to players in bribes. Payments to players typically ranged from $10,000 to $30,000 per game, according to an indictment.Smith and others strategically targeted players considered “underdogs” in games, encouraging them to underperform in order to guarantee certain spreads. Those players were prime targets, prosecutors said, because they were offered money that exceeded potential income from legitimate sponsorships.Smith, of Charlotte, North Carolina, trained and developed local basketball players for professional scouting combines and used those connections with players when he became part of the scheme, according to prosecutors.The point-shaving scheme resulted in more than $3 million in fraudulent wagers. Smith, who also pleaded guilty to a separate felony gun possession charge, will have to pay $1.1 million in restitution, which prosecutors said is the cost incurred by gambling platforms as a result of the scheme.Besides the fixers who recruited players and placed bets, the charges targeted over a dozen former college basketball players and four other players who were active with their college teams last season.