"He would say he's best friend's with LeBron James -- basically, he was using that as a business card for people to gain some trust in opening up some doors for him," professional bettor Michael Osborne said of ex-Cavaliers player Damon Jones.

"He’s a really funny dude. He’s a great storyteller. But he was never a part of the staff," a team source said of Jones.

NBA star turned coach Damon Jones was arrested by the FBI in connection to an illegal betting ring that allegedly

Federal authorities alleged the former NBA stars were used by New York City mob families "to attract" wealthy players to rigged poker games

Damon Jones is among the defendants in a rigged poker scheme and a federal prosecutor said Chauncey Billups was among those who played in the rigged games.