internet gambling bust

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internet gambling bust

Postby mucho hornfan on Wed Nov 15, 2006 3:13 pm

hope none of you have internet bets. was just busted.
First bust of GW's new internet gaming law
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Postby ChuckNorrisHorn on Wed Nov 15, 2006 3:56 pm

sports betting is illegal [-X
It was basically like starring in a bukkake video with Charlie the Tuna.

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Postby Makaveli on Wed Nov 15, 2006 4:47 pm

This didn't have anything to do with GW or the new law....

Though the gambling ring relied on a Web site, it was different from the online betting operations targeted by recent federal legislation. The scheme involved placing sports bets through bookies, who would assign bettors a secret code to track their wagers and monitor point spreads and results through the secured Web site. The bets were taken on all kinds of sports, including football, baseball, basketball, hockey, car racing, and golf.

The defendants allegedly laundered and stashed away ‘‘untold millions of dollars” using shell corporations and bank accounts in Central America, the Caribbean, Switzerland, Hong Kong and elsewhere, Brown said. The prosecutor called the $500 million asset forfeiture case ‘‘among the largest such cases ever filed.”
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