Legendz Sports, which had been accused by prosecutors of offering Web and telephone gambling services almost exclusively to US gamblers, will now forfeit earnings in a controversial ‘equitable sharing’ payout to law enforcement.
Legendz Sports’ illegal activities just aided police force agencies’ main point here in brand New York and Florida.
That’s because various agencies within 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 related to Legendz Sports, a company that handled over $1 billion in bets and managed a network that is large of sports betting web sites.
Charges included racketeering, money-laundering, and wire fraud.
The situation began in Albany County, NY, with regional police investigating two prison guards have been suspected of acting as bookies for prisoners. After that, the investigation quickly spread over the US, as FBI workplaces in Miami, Oklahoma, and Boston coordinated with the Albany County Sheriff’s office to intercept thousands of phone calls and e-mails that would lead to the eventually arrests.
The founder of Legendz Sports founder, Bartice ‘Luke’ King, from Oklahoma, is presently facing trial in Oklahoma City.
US Gamblers Targeted
Legendz sports, which was initially based in Costa Rica before relocating to Pana Continue reading Legendz Sports Case Yields Millions in Fines for Law Enforcement Agencies