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Nevada athletic commission: UFC fighter Jeff Molina a suspect in gaming scheme related to James Krause

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The fallout continues after an investigation into suspicious gambling activity linked to November’s UFC Fight Night between Darrick Minner and Shayilan Nuerdanbike. Nevada Deputy Attorney General Joel Becker announced on Tuesday that they had uncovered information that UFC flyweight Jeff Molina was “materially” involved in suspicious activity. according to ESPN’s Mark Raimondi.

The Nevada State Athletic Commission temporarily suspended Molina’s activities last month, launching an investigation. That suspension was extended Tuesday pending the results of an ongoing investigation into coach James Krause.

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Then bookmakers began to understand the situation and the fighters were banned from training with Krause, who also hosted a betting tips service called “The 1% Club”. Federal investigations have also reportedly launched an investigation into Krause and ESPN reported that Krause also worked as an agent for an offshore gambling site.

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Nuerdanbike was a -220 favorite against Minner but the odds rose to -420 hours before the fight as rumors began to circulate that Minner would enter the cage with a significant knee injury. Additional big bets were placed on Nuerdanbike winning by TKO in the first round and the fight ending in less than 2.5 rounds.

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The activity was so suspicious that many bookmakers stopped accepting bets on the fight. After landing two kicks with a visibly injured leg, Minner found himself on the canvas, where he was stopped by kicks 67 seconds after the first bell. Minner was subsequently cut by the UFC.

Molina was a member of Krause’s “1% Club”. When advertising the club, Molina stated: “In stocks, it’s called insider trading. In MMA betting, this is called James Krause. For the past 6 months, all my bills, including mortgage and auto bill, have been paid through Choice Krause. Do yourself a favor and join. VIP”.




Source: www.cbssports.com

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