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The FBI announced arrests in a major sports-betting and illegal gambling scandal involving the Mafia.

Four of New York's major Mafia families were allegedly involved in the long-running criminal operation.

NBA coach Chauncey Billups and player Terry Rozier were among those arrested in the investigation.

New York's infamous crime families are making headlines again.

As the Oct. 23 arrests and indictments allegedly show in stunning detail , the old-school Italian mafia – La Cosa Nostra with its loyalty oaths, nicknames and lucrative gambling rackets – haven't gone away.

In announcing one of the biggest purported sports-betting and illegal gambling scandals in decades, FBI Director Kash Patel said Portland Trail Blazers coach Chauncey Billups, Miami Heat

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