Tim Donaghy, a former referee for the National Basketball Association, surrendered to police in New York and plead guilty today to two felony counts related to betting on basketball games. The counts include conspiracy to engage in wire fraud and gambling on games in which he was an official. He now faces up to 25 years in prison and a $500,000 fine.

Donaghy was released on a $250,000 bond. He is scheduled to be sentenced on November 9th.

Source: http://www.nytimes.com/2007/08/15/sports/basketball/15cnd-NBA.html?em&ex=1187323200&en=27dc2854a57e41d3&ei=5087%0A, http://www.washingtonpost.com/wp-dyn/content/article/2007/08/15/AR2007081500300.html?hpid=topnews