$2.5b Online Sportsbook Charged with Money Laundering
Filed in archive Betting by jo on May 18, 2006

William Scott and Jessica Davis - who are already fugitives following a 1998 charge or wire act violation - have been indicted for promoting a service allowing US gamblers to bet by sending their money from the US to Antigua - WWTS is licensed in Antigua.
The indictment charges them for violating the US wire act, money laundering and failure to declare income - William Scott used a shell company to hide money in Guernsey - both governments assisted in locating $7 million
The indictment says the defendants obtained $2.5 billion in unlawful proceeds from telephone and internet gambling. The government is seeking $250 million through forfeiture in hopes it can collect the fees kept by the defendants.
Article: Justice snuffs $2.5B online gambling gig
Permalink: $2.5b Online Sportsbook Charged with Money Laundering
Tags:
WWTS charges
Trackback: http://www.creative-weblogging.com/cgi-bin/mt-tb.pl/22270













