Damon Jones used Cavaliers championship ring as loan collateral years before FBI arrest admin 19 hours ago New York State Comments Off on Damon Jones used Cavaliers championship ring as loan collateral years before FBI arrest 0 Views Damon Jones, who was arrested last week, allegedly used his ring for the Cavaliers’ title in 2016 as collateral for a $10,000 loan. Share Facebook Twitter Stumbleupon LinkedIn Pinterest