Damon Jones used Cavaliers championship ring as loan collateral years before FBI arrest admin 4 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