In a stunning development that has rocked the basketball world, veteran head coach Doc Rivers was arrested Tuesday morning on charges of money laundering and other financial crimes connected to operations within a private club basketball team.
According to officials from the Federal Bureau of Investigation (FBI), Rivers is alleged to have been involved in an elaborate scheme to funnel illicit funds through the club’s operations, masking the origin of the money through sponsorships, player development programs, and false business expenses.
The investigation, which has been underway for over a year, reportedly uncovered “substantial evidence” linking Rivers to illegal financial activity that spans multiple states and involves several associates within the club’s leadership. Authorities believe the operation laundered millions of dollars over the past three years.
“Today’s arrest sends a clear message that no one is above the law, regardless of their stature in the sports world,” said U.S. Attorney Linda Hanes during a press briefing. “This was a coordinated and sophisticated scheme that compromised the integrity of youth and professional basketball.”
Rivers, 63, was taken into custody without incident at his Los Angeles residence early Tuesday and is expected to appear in federal court later this week. He has not yet made a public statement, but his legal team has denied all allegations, calling the charges “baseless” and vowing to “vigorously defend” their client.
Rivers, a former NBA player and long-standing head coach known for his leadership and playoff appearances, has coached several teams including the Boston Celtics, Los Angeles Clippers, Philadelphia 76ers, and most recently the Milwaukee Bucks. His arrest marks one of the most high-profile legal scandals in professional basketball history.
The NBA has issued a brief statement acknowledging the arrest and stating it is “gathering information” while cooperating with authorities. “We take these matters seriously and will respond accordingly as more facts become available,” the league’s statement read.
Further details about the scope of the alleged crimes, the identities of other suspects, and the impact on Rivers’ career are expected to emerge in the coming days.
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