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Ed Martin, a former autoworker who was eventually charged with running an illegal gambling business and laundering money, admitted to lending $616,000 to four Michigan players in the 1980s and '90s.
Sportswashing is a term used to describe the practice of nations, individuals, groups, corporations, or the government using sports to improve reputations tarnished by wrongdoing. A form of propaganda , sportswashing can be accomplished through hosting sporting events, purchasing or sponsoring sporting teams, or participating in a sport.
United States v. Scheinberg, No. 1:10-cr-00336 (2011), is a United States federal criminal case against the founders of the three largest online poker companies, PokerStars, Full Tilt Poker and Cereus (Absolute Poker/Ultimatebet), and a handful of their associates, [1] which alleges that the defendants violated the Unlawful Internet Gambling Enforcement Act (UIGEA) and engaged in bank fraud ...
Another type of suspicious activity is related to money laundering, where a casino patron may put large amounts of money in play, but gambles very little before cashing out. For example, a bank robber steals $50,000 from a large bank. Most banks mark cash with exploding dye or sequential numbering of the large bills. To avoid being apprehended ...
On 16 November 2015, Alejandro Burzaco, the former general manager and chairman of the board of Torneos y Competencias S.A., an Argentinian sports marketing company, pleaded guilty to racketeering conspiracy, wire fraud conspiracy and money laundering conspiracy. As part of his plea, Burzaco agreed to forfeit more than $21.6 million. [100]
In 2012, Tucker was the national title holder in the D Sports Racing category driving a West chassis car purpose-built for the task, claiming the SCCA record lap at Road America with a time of 1:58.997. [32] West Race Cars was purchased by Level 5 in 2011, and significant resources and money were expended by Level 5 to build the record-breaking ...
Fraud, bribery and money laundering 46 months [30] to be followed by two years of supervised release [31] Sam Hurd: Chicago Bears Conspiracy to possess cocaine and marijuana with intent to distribute 15 years [32] Mark Ingram Sr. Retired Money laundering and fraud 7 years in prison and up to 5 years of probation. Ordered to pay $252,000 in ...
Criminals have for decades anonymously hidden ill-gotten gains in real estate, Treasury Secretary Janet Yellen said in March, adding that as much as $2.3 billion was laundered through U.S. real ...