Mitchell gets 27 months in federal prison and two years of supervised release, having already forfeited a million dollars
Teddy Mitchell, a 59-year-old Oklahoma man who pleaded guilty to running an illegal gambling operation after being indicted by a grand jury two years ago, has been sentenced by a federal court to 27 months in federal prison and two years of supervised release.
Mitchell has already agreed to forfeit $1 million in cash and property.
Fox News reports that Mitchell was indicted for operating organised high stakes poker games at his home, and took sports bets via an online betting site based in Costa Rica. He was also accused of conspiring to launder more than $8 million in proceeds.
In July last year, Mitchell pleaded guilty and admitted to all charges.
An indictment was filed against Mitchell in September of 2012 claiming he operated organised high stakes poker games at his home and took sports bets. He was also accused of betting via an online betting site based in Costa Rica and then conspired to launder more than $8 million in proceeds.
In July, Mitchell pleaded guilty and admitted to all charges.
There were nine other defendants in the case, one of whom – Richard Hancock – received a 15-month prison sentence and forfeiture of $2.5 million last year (see previous InfoPowa report).
Judge David Russell allowed Mitchell to remain out on a bond pending the start of his term of imprisonment next month.
Online Casino News Courtesy of Infopowa