New Internet Gambling Indictments/Arrests

[zengrifter]

Federal indictments returned for online gambling

St. Louis Business Journal - July 18, 2006

A federal grand jury recently returned a 22-count indictment charging 11 individuals and four corporations on various charges of racketeering, conspiracy and fraud, according to U.S. Attorney Catherine Hanaway.

The indictment, returned June 1 in U.S. District Court, Eastern District of Missouri, was unsealed Monday.

...continued here - http://www.bizjournals.com/stlouis/stories/2006/07/17/daily20.html

 

[zengrifter]

Jay Cohen case teaches doomsday is not near

TOW Editorials
7/19/2006

History teaches doomsday is not near

The BETonSPORTS situation appears to be the doomsday of the online gambling industry, however history teaches otherwise. WSEX in 1998 and WWTS in more recent times are perfect examples.

In March 1998, Cohen and 21 other defendants were also charged for their involvement in the operation of offshore sports books that took bets from Americans via the Internet and telephones. Ten of those defendants subsequently pled guilty in Manhattan federal court to conspiring to violate the Wire Wager Act; three pled guilty to related misdemeanor counts; and seven remained as fugitives.

JAY COHEN was convicted February 28 2000 in Manhattan federal court after a two-week trial of operating a sports betting business that illegally accepted bets and wagers on sporting events from Americans over the Internet and telephones. Cohen was convicted of conspiracy to violate the Wire Wager Act and seven substantive violations of the Wire Wager Act in connection with his operation, WSEX.

Cohen was the first and only defendant to stand trial in a series of Internet offshore sports gambling cases that were the first prosecutions brought under the federal Wire Wager Act. His company, WSEX, continued to operate and prosper and it is today one of the most trusted and respected online gaming operations.

...continued here - (Dead link: http://www.theonlinewire.com/articleView.aspx?ID=1111)