Report: Helly Nahmad to Plead Guilty to Federal Gambling Charge

The New York Times reports that Helly Nahmad will plead guilty to just a single gambling charge related to the

Helly Nahmad. (Courtesy Patrick McMullan)
Helly Nahmad. (Courtesy Patrick McMullan)

The New York Times reports that Helly Nahmad will plead guilty to just a single gambling charge related to the federal government racketeering case in which he was named this past April.

Not bad, considering that his other charges included (from the indictment): “Transmission of Sports Wagering Information,” money laundering and “Acceptance of Financial Instrument for Unlawful Internet.”

Read more at The Times.

Correction, 5:20 p.m.: An earlier version of this post incorrectly stated that Mr. Nahmad no longer faces any jail time.

Report: Helly Nahmad to Plead Guilty to Federal Gambling Charge