Legendz Sports, which was accused by prosecutors of offering Internet and telephone gambling services almost exclusively to US gamblers, will forfeit profits in now a controversial ‘equitable sharing’ payout to law enforcement.
Legendz Sports’ illegal activities just assisted police force agencies’ bottom line in New York and Florida.
That’s because various agencies in the Empire and Sunshine states are to benefit from $9.6 million in forfeited criminal assets for their roles in breaking up the illegal online gambling ring.
Forty individuals were arrested in April 2013 for tasks regarding Legendz Sports, a company that handled over $1 billion in bets and managed a network that is large of sports gambling internet sites.
Charges included racketeering, money-laundering, and wire fraudulence.
The truth began in Albany County, NY, with regional authorities investigating two prison guards have been suspected of acting as bookies for prisoners. From there, the investigation quickly distribute over the US, as FBI offices in Miami, Oklahoma, and Boston coordinated with the Albany County Sheriff’s office to intercept thousands of phone telephone calls and emails that would sooner or later result in the arrests.
The founder of Legendz Sports founder, Bartice ‘Luke’ King, from Oklahoma, is presently dealing with trial in Oklahoma City.
US Gamblers Targeted
Legendz sports, that has been initially based in Costa Rica be Fortsett å lese Legendz Sports Case Yields Millions in Fines for Police Force Agencies