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Wednesday, April 21, 2021

10 guilty in North Texas Internet gambling ring

 

PLANO, Texas (AP) — Investigators say 18 men have pleaded guilty in a North Texas-based Internet gambling ring that accepted more than $5.4 billion in illegal bets.

Federal prosecutors, the Internal Revenue Service and Plano police on Thursday announced results of the undercover investigation since 2006. The Plano Police Department received a check for nearly $4.8 million from forfeited assets.

A Plano officer developed a betting relationship with a sports bookmaker. Prosecutors say wagers through websites hosted outside the U.S. generated about $200 million for the ring members.

Warrants were served in 2011. All 18 defendants pleaded guilty to charges such as money laundering, illegal gambling, structuring and tax violations.

One man was sentenced to a year and a day in prison. Eleven others received probation. The other six men await sentencing.

 

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Robert Francis
Robert is a Fort Worth native and longtime editor of the Fort Worth Business Press. He is a former president of the local Society of Professional Journalists and was a freelancer for a variety of newspapers, weeklies and magazines, including American Way, BrandWeek and InformatonWeek. A graduate of TCU, Robert has held a variety of writing and editing positions at publications such as the Grand Prairie Daily News and InfoWorld. He is also a musician and playwright.

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