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Founder of Online Gambling Firm Pleads Guilty

The founder of the defunct British online gambling firm BetOnSports pleaded guilty in U.S. court and agreed to forfeit more than $43 million in criminal proceeds, the Justice Department said. It said Gary Kaplan, 50, who founded the high-profile early player in offshore Internet sports gambling, pleaded guilty to charges of conspiring to violate the federal racketeering and other U.S. laws.

  • Read the article: Reuters | Posted: 8/15/2009 11:05:00 PM | Permalink


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