Tag Page ChaunceyBillups

Chauncey Billups’ Oregon mansion sold amid scandal

Chauncey Billups just sold his Lake Oswego estate for $4.275M, right as his legal troubles heat up. The Blazers coach, now on unpaid leave, let go of his lavish home—complete with a pool, golf green, and home theater—mere weeks after being arrested there. Federal charges accuse Billups of recruiting for illegal, Mafia-backed poker games across the country. While he’s pleaded not guilty and plans to fight, the NBA has sidelined him and Portland’s moved on with a new acting coach. What do you think—can Billups bounce back, or is this the end of his NBA chapter? #RealEstate #ChaunceyBillups #TrailBlazers

Chauncey Billups Posts $5 Million Bail Using Colorado Home as Collateral During Monday’s arraignment, former NBA star Chauncey Billups was hit with a $5 million bail, which he secured by putting up his Colorado residence as collateral. The courtroom moment underscored the seriousness of the federal charges now hanging over the retired basketball icon. Billups entered a not-guilty plea to three major counts: Wire Fraud Conspiracy Money-Laundering Conspiracy Federal prosecutors allege that Billups participated in a scheme involving fraudulent financial activity and coordinated efforts to move illicit funds through various channels. Details of the alleged operation have not yet been fully disclosed, and the case is expected to move into a lengthy discovery and pre-trial process. His legal team maintains that Billups is innocent and intends to fight the charges aggressively, arguing that the government has misinterpreted his financial dealings. The court scheduled additional hearings in the coming months as the case progresses. If convicted, Billups could face significant fines and potential prison time. #ChaunceyBillups #NBA #WireFraud #Conspiracy #MoneyLaundering #FederalCourt #Colorado #LegalNews #Arraignment #BreakingNews #CrimeUpdate #CourtCase