Legendz Sports, which ended up being accused by prosecutors of offering online and telephone gambling services almost exclusively to US gamblers, will now forfeit earnings in a controversial ‚equitable sharing‘ payout to law enforcement.
Legendz Sports‘ unlawful activities just assisted police agencies‘ main point here in brand New York and Florida.
That’s because various agencies into 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 everyone was arrested in April 2013 for activities linked to Legendz Sports, a company that handled over $1 billion in bets and managed a network that is large of sports gambling sites.
Charges included racketeering, money-laundering, and wire fraud.
The situation began in Albany County, NY, with local police investigating two prison guards who have been suspected of acting as bookies for prisoners. After that, the investigation quickly spread across the US, as FBI offices in Miami, Oklahoma, and Boston coordinated with the Albany County Sheriff’s office to intercept thousands of phone calls and emails that would ultimately lead to 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 before relocati Continue reading