Damon Jones Used Championship Ring as Collateral

Former NBA player Damon Jones, implicated in a gambling scandal, faced mounting financial troubles since his initial bankruptcy in 2013, where he listed his Yorkshire Terrier as a $1 asset. Recently, he was accused of providing inside information to gamblers regarding NBA games and faced eviction from his Houston apartment due to unpaid rent exceeding $11,000. Jones’ financial woes include significant debts, failed loans, and multiple court cases against him, highlighting his ongoing struggles. He is scheduled for arraignment in New York as part of a federal investigation into illegal gambling activities.

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