Enforcement Agencies To Benefit From Online Gambling Financial Seizures

Albany and Saratoga Counties will get $6 million

New York state U.S. Attorney Richard Hartunian announced Wednesday that about $6 million in forfeited funds, taken from defendants in a major online gambling case, will be allocated to law enforcement agencies in the Albany and Saratoga Counties.
Speaking to TWC News, Albany County Sheriff Craig Apple said: "The name of the game is, you hope at the end of a major investigation, you'll be able to grab funds to basically replace the funds you've expended on that investigation."
The money, part of forfeitures of $9.6 million earmarked for enforcement bodies that include the IRS and the FBI, comes from the 2013 bust of an illegal online gambling ring run by Philip Gurian, Michele Lasso and Alan Gould (see previous InfoPowa reports).
"Their business was so profitable, that in a phone call intercepted pursuant to a federal wire tap order, Gurian said that he was making $150,000 a day," Hartunian said in a statement.
"Over a year period, at least $10 million in illegal gambling proceeds was deposited into accounts in the names of sham corporations in Panama, Andorra, and the Cayman Islands."

Online Casino News Courtesy of Infopowa

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Casinomeister

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 astrophography.
bryan@casinomeister.com

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