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Betonsports, Plc. wants to settle racketeering, fraud case
Lawyers for BetonSports, Plc., the online gambling firm facing federal charges for racketeering and fraud in the United States, told the U.S. District Court on Tuesday that the company has asked to settle the civil and criminal charges outside of court.
Jeffrey Demerath, a lawyer for BetonSports, Plc., told the court the company is interested in resolving the matter, and the Assistant U.S. Attorney agreed that he thought the case could be resolved with negotiations.
The company closed its operations in the United States in August after the arrest of its former chief executive, David Carruthers, who remains under house arrest in St. Louis while waiting to face fraud and racketeering charges as well.
BetonSports, Plc. is facing a 22-count indictment for allowing U.S. customers to gamble and place bets with their company via the phone and online. They are now prevented from operating in the United States, and the government is seeking to force them to give up $4.5 billion and other property.
News Added: 21 September, 2006
Number of views : 603
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Online Poker Site Of the Month |
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Disclaimer:
People from thousands of jurisdictions access the internet. It is impossible for us to stay current with the laws of every jurisdiction. Please make sure that any activities you engage in online are legal where you live.
We have reason to believe that it may be illegal to gamble online in: Illinois, Indiana, Louisiana, Nevada, Oregon, South Dakota, Washington, Michigan, New York, New Jersey and Wisconsin. If you live in one of these states, we advise you NOT to gamble online. |
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