Online Casino Transfer: News - US Raid on Jazz Betting

04/25/2010		Online Casino Style: News US Raid on Jazz Betting
Home History Games News Dictionary		Authorities are celebrating this week in the state of New York as a series of anti-online gambling busts turned out to be rather fruitful for the police. The targets had been under suspicion and investigation by the police as they built their cases, keeping a watchful eye on the internet sports betting markets especially. But the efforts seem to have been all worthwhile, as the Queens District Attorney Richard Brown and his experience team of illegal gambling trackers took down two rings this month. One of the rings that was raided this week seems to have centered most of their online activities around placing bets exclusively for and against the Jazz team. The site centered around the official Jazz website, and had proved to not only have been successful in their own right, but also was quite a challenge for the authorities to crack into. In their three years of operation, the operation managed to take in more than $178 million in bets, not only from New York, but from all over the United States. Prosecution made arrests of 38 individuals, bringing all of them up on enterprise corruption charges. The arrests were not limited to the raid’s jurisdiction, either, as involved parties were taken into custody in Nevada, Florida, Louisana, New York and Arizona, effectively concluding the three-year investigation. Three New York City employees were among those arrested: a highway repairman, a sanitation worker and even a city firefighter. The charges for those arrested span the gamut, but focus primarily on money laundering, conspiracy and the illegal promotion of online gambling. The raid was physically profitable, as well, resulting in millions of dollars seized in the form of computers, cash and other property. A dozen different search warrants across a myriad of locations, in other states as well, results in making this one of the largest internet gambling busts in a long time on US soil. "Such computerized wire rooms operate around the clock and can handle a large volume of bettors at any one time, thus allowing the organizers to increase their illicit profits without having to bother with the time-consuming, record-keeping aspects of a more traditional, paper-based bookmaking operation," said DA Brown. "Unfortunately for the defendants, the law enforcement community is just as adept in using new technology to stop those involved in such criminal pursuits."

04/25/2010

Online Casino Style: News
US Raid on Jazz Betting

Authorities are celebrating this week in the state of New York as a series of anti-online gambling busts turned out to be rather fruitful for the police. The targets had been under suspicion and investigation by the police as they built their cases, keeping a watchful eye on the internet sports betting markets especially. But the efforts seem to have been all worthwhile, as the Queens District Attorney Richard Brown and his experience team of illegal gambling trackers took down two rings this month.

One of the rings that was raided this week seems to have centered most of their online activities around placing bets exclusively for and against the Jazz team. The site centered around the official Jazz website, and had proved to not only have been successful in their own right, but also was quite a challenge for the authorities to crack into. In their three years of operation, the operation managed to take in more than $178 million in bets, not only from New York, but from all over the United States. Prosecution made arrests of 38 individuals, bringing all of them up on enterprise corruption charges.

The arrests were not limited to the raid’s jurisdiction, either, as involved parties were taken into custody in Nevada, Florida, Louisana, New York and Arizona, effectively concluding the three-year investigation. Three New York City employees were among those arrested: a highway repairman, a sanitation worker and even a city firefighter. The charges for those arrested span the gamut, but focus primarily on money laundering, conspiracy and the illegal promotion of online gambling.

The raid was physically profitable, as well, resulting in millions of dollars seized in the form of computers, cash and other property. A dozen different search warrants across a myriad of locations, in other states as well, results in making this one of the largest internet gambling busts in a long time on US soil.

"Such computerized wire rooms operate around the clock and can handle a large volume of bettors at any one time, thus allowing the organizers to increase their illicit profits without having to bother with the time-consuming, record-keeping aspects of a more traditional, paper-based bookmaking operation," said DA Brown. "Unfortunately for the defendants, the law enforcement community is just as adept in using new technology to stop those involved in such criminal pursuits."