SBR Top-Rated Sportsbooks Recommended Books
1. Pinnacle Sports SBR Rating A+ Pinnacle Sports Review
2. The Greek Sports Book SBR Rating A+ The Greek Review
3. BookMaker SBR Rating A+ BookMaker Review
4. BetJamaica SBR Rating A+ BetJamaica Review
5. Legends Sports SBR Rating A+ Legends Review
 
SBR Posters' Poll - September 2009 View Complete Results
1. 5Dimes 253 total points 5Dimes Review
2. Matchbook 252 total points Matchbook Review
3. BetJamaica 194 total points BetJamaica Review
4. Pinnacle Sports 193 total points Pinnacle Sports Review
5. BookMaker 190 total points BookMaker Review
 
 
View New Posts
 
LinkBack Thread Tools
Old 05-24-07, 09:08 PM   #1
tacomax
SBR Problem Poster 2007-08
 
tacomax's Avatar
Joined: 08-10-05
Posts: 9,677
SBR Points: 1132
 
Message Me
Challenge Me
Default Betonsports admits racketeering



Quote:
Betonsports admits racketeering

London-based gaming website Betonsports has pleaded guilty in the US to charges of money laundering and racketeering.

The internet gambling firm and its top executives were indicted on criminal charges relating to their US operations last June.

Betonsports' founder Stephen Kaplan and former boss David Carruthers are both under arrest and await trial.

Charges were filed using a 1960s-era law banning bets over the phone, part of a US crackdown on online gaming.

By pleading guilty, Betonsports has admitted mail and wire fraud, operating an illegal gambling business and money-laundering, US attorney Catherine Hanaway said.

The company now faces fines up to $500,000 (£251,880), billions of pounds in forfeitures and the return of money held for US account holders.

Betonsports will also supply witnesses and evidence in the case against Mr Kaplan and Mr Carruthers as part of the agreement with the prosecution to avoid further criminal prosecution.

The plea was submitted to a federal court in Missouri, where Mr Kaplan pleaded innocent to charges of racketeering, fraud, tax evasion and conspiracy earlier this month.

He is one of 11 people accused of illegal activities relating to the US operations of internet gaming businesses based overseas, which includes Betonsports, and was arrested in the Dominican Republic in March.

Mr Carruthers was arrested by US authorities as he passed through a Texas airport in July and was sacked shortly afterwards by the company, which subsequently shut its lucrative US-facing arm.

President George W Bush signed the Unlawful Internet Gambling Enforcement Act last October, which in effect, makes it illegal for firms to collect money there.

As a result a number of firms, including 888.com, Sportingbet, and Partygaming have had to change their focus to make up the lost revenue.
__________________
Quote:
Originally Posted by pags11 View Post
SBR would never get rid of me...ever...
Quote:
Originally Posted by BuddyBear View Post
I'd probably most likely chose Pags to jack off too.
Quote:
Originally Posted by curious View Post
taco is not a troll, he is a bubonic plague bacteria.
Quick reply to this message
Old 05-25-07, 10:52 AM   #2
Mudcat
 
Mudcat's Avatar
Joined: 07-21-05
Posts: 8,754
 
Message Me
Challenge Me
Default

This is the kind of informative post that makes you so respected IMO.
__________________
Currently giving shout-outs in the Private Zone
Quick reply to this message
Old 05-25-07, 11:05 AM   #3
The Prick
dodgers +
 
The Prick's Avatar
Joined: 08-31-05
Posts: 2,192
 
Message Me
Challenge Me
Default

Carruthers thrown under the Bus, G is next....big surprise from BoS.
__________________
"The stand we are taking is that if you play you WILL PAY."- The Reverend Poster JJ Gold
Quick reply to this message
Old 05-25-07, 02:46 PM   #4
WWTSblows
 
WWTSblows's Avatar
Joined: 10-14-06
Posts: 161
 
Message Me
Challenge Me
Default

What are the odds BoS players are ever paid a dime?
Quick reply to this message
Old 05-26-07, 04:54 AM   #5
Estevens
 
Estevens's Avatar
Default

Don't you love it Betus was part of this from the begining and now they are in shit as well, do you think they can last much longer even though they are saying they where not personally indited because the dip shits up stairs where not named yet. damn if I was one of the big boys I would be out the door in a hurry, or has a tempory money blinded them into thinking they will be ok or if it goes down I will be ok because I'm a tico. Just for them hope the TLC does not get passes because if it does 25 years in jail will suck.
Quick reply to this message
 


SBR Featured Videos

Thread Tools
Display Modes



All times are GMT -5. The time now is 03:06 PM.


1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33