Chinese Online Gambling Operators Sent To Jail
By Casinomeister, Last updated Jan 10, 2014
‘Panda’ hackers turned online casino operators sentenced In Lishui
The two former "Panda" hackers arrested late last year for running an online gambling operation in China (see previous InfoPowa reports) have been sentenced to stiff jail terms in the Liandu People’s Court sitting in Lishui, Zhejiang province.
The Chinese news agency Xinhua reports that Zhang Shun and Li Jun were sentenced to five and three years Wednesday as well as fined 200,000 and 80,000 yuan (about $33,060 and $13,224) respectively.
Despite criminal records arising from their prior imprisonment in the infamous "Panda" internet hacking case, the two embarked on a criminal enterprise involving online gambling, offering virtual card games that allowed players to gamble online using virtual chips.
The business grew and generated up to 76 million yuan in revenues before it was shut down by the police, who arrested its two founders, along with 24 other individuals employed by the company.
Online Casino News Courtesy of Infopowa
More news
here.
The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophotography.
bryan@casinomeister.com
Top 5 casinos
