7 People Arrested for Online Credit Processing

[Coy_Roy]

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This is about the DOJ going after credit card merchants that enable funding of gambling sites. Period.

I guarantee these people would have been treated the same if they were illegally helping to fund poker sites only. The DOJ is not going to make a distinction.


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Slow down a bit. This is about the DOJ going after companies specifically set up to fraudulently launder credit card money. I doubt they're even making any distinction between gambling and non-gambling. This is a pretty textbook RICO case, and it seems to me that if the facts are reported correctly, they deserve to get hit by the full brunt of it. When DOJ goes after credit card processors who fund online gambling non-fraudulently, maybe I'll start worrying.

It will take more than UIGEA to make money laundering necessary for online gambling transactions. This is only a threat to half-assed operations -- these people weren't even smart enough to operate outside the US, for chrissake.

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Did you even read the article?

"The indictment alleges that the defendants' businesses assisted Internet gambling sites by arranging fund transfers between U.S. bettors and the sites by using Western Union wire transfers."

"Brett Tolman, U.S. attorney for the District of Utah, said in a press release. “Payment processors who attempt to hide the true nature of the transactions they are conducting AND the Internet gambling Web sites that use these payment processors will be prosecuted and brought to justice," he said in a statement."


There's no wiggle room here, any gambling website that uses these merchants will be targeted.

It's extremely clear.