7 People Arrested for Online Credit Processing

[Mitch Evans]

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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.


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Thanks for pointing this out. I was focused on this as more anti-gambling (with the book being thrown at them) then money laundering (with the book being thrown at them) which was probably a mistake. Appreciate your input.

Mitch said:
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So you're saying that even though they are laundering money, the gov won't bust them because it's going to poker sites and poker is not defined as of yet?


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see above.

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I guess you got me... I probably should have brought up the fact that it's money laundering and regardless if it's for poker or not, they got busted for money laundering. Me and my sarcastic rhetorical questions....

[LeapFrog]

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I guess you got me... I probably should have brought up the fact that it's money laundering and regardless if it's for poker or not, they got busted for money laundering. Me and my sarcastic rhetorical questions....

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Mitch I was agreeing with you in the case of ml related to poker. Thats what I meant by see above as I was saying I was probably overlooking the money laundering aspect a bit. Not trying to zing you, get out of the recliner of rage...

[LeapFrog]

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

It's extremely clear.

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Roy, whatever the thrust of these indictments why should any of the major poker sites be concerned? If they shouldn't be, then don't worry about being alarmist.

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I hate to be an alarmist but this could possibly push a poker site teetering one way or the other to finally pull the plug on the US.


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[Coy_Roy]

You seem to have a very selective memory.

I'll repeat myself for you again:

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My last two deposits at a certain poker site were listed in my cc statement as a "clothing store" and a "furniture" store.

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This was at a "major" poker site.

End of debate with you, I have better things to do.

[LeapFrog]

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You seem to have a very selective memory.

I'll repeat myself for you again:

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My last two deposits at a certain poker site were listed in my cc statement as a "clothing store" and a "furniture" store.

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This was at a "major" poker site.

End of debate with you, I have better things to do.

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And? Did you use this portal to fund the site? Is your cc issuing bank being indicted? Is the site being indicted?

[jukofyork]

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One thing I do get is that they're each facing up to 72 years in prison for doing nothing besides helping US citizens deposit their money to gambling sites they wanted to deposit their money to. What's happened to this country?

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Well perhaps your country could start with not giving such ridiculous prison sentences! You get 20 years here for MURDER, but in the US you can get 72 years for fraud - wtf?

I'm sorry to say that is just plain ridiculous and whoever thought giving anybody that amount of time to punish fraud should be put in prison themselves to protect society from such stupidity.

Juk [img]/images/graemlins/smile.gif[/img]

[cardcounter0]

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One thing I do get is that they're each facing up to 72 years in prison for doing nothing besides helping US citizens deposit their money to gambling sites they wanted to deposit their money to. What's happened to this country?

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Well perhaps your country could start with not giving such ridiculous prison sentences! You get 20 years here for MURDER, but in the US you can get 72 years for fraud - wtf?

I'm sorry to say that is just plain ridiculous and whoever thought giving anybody that amount of time to punish fraud should be put in prison themselves to protect society from such stupidity.

Juk [img]/images/graemlins/smile.gif[/img]

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It is multiple counts. And they would serve the time on most charges at the same time. A parking ticket is only $10, but if you get a million parking tickets it might get expensive.

[jukofyork]

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One thing I do get is that they're each facing up to 72 years in prison for doing nothing besides helping US citizens deposit their money to gambling sites they wanted to deposit their money to. What's happened to this country?

[/ QUOTE ]
Well perhaps your country could start with not giving such ridiculous prison sentences! You get 20 years here for MURDER, but in the US you can get 72 years for fraud - wtf?

I'm sorry to say that is just plain ridiculous and whoever thought giving anybody that amount of time to punish fraud should be put in prison themselves to protect society from such stupidity.

Juk [img]/images/graemlins/smile.gif[/img]

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It is multiple counts. And they would serve the time on most charges at the same time. A parking ticket is only $10, but if you get a million parking tickets it might get expensive.

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Oh OK, we have that too: concurrent sentences.

Juk [img]/images/graemlins/smile.gif[/img]

[Uglyowl]

The DOJ is looking for $150M! This isn't small time stuff. There will be much more to the story I am sure.

Also these morons were working out of Utah. No shock here, nothing has changed.

[Skallagrim]

Its pretty clear that these defendants were involved with sportsbetting and thats a good legal basis for charges.

Falsifying credit card statements to facilitate LEGAL transactions is a crime, but a pretty minor one; doing the same to facilitate an ILLEGAL transaction is the big crime.

So far, the DOJ has chosen not to take poker on directly. This is SOP procedure for them, they take the easiest cases first and see if that gets them what they want (anything with sportsbetting is an easy win for them). They avoid questionable cases when possible, and poker alone is a questionable case (go to the legislation forum for more on that).

But they also dont stop. Once they have made all the easy cases, if some funding scheme for online poker alone is left, thats when they will come after it.

This particular case seems a small step in the progression, but that progression inevetiably leads to us. Its only a matter of time.

Skallagrim