A 12 count indictment that was filed in April 2005 against William Scott, Jessica Davis, Soulbury Ltd. and WorldWide Telesports Inc. relating to laundering some $250 million in gambling wagers was unsealed this week, revealing a great deal of the government's case against WWTS and its owners. According to the indictment, from 1998 to 2005 Scott and Davis operated illegal online gambling dens that routed funds from the U.S through Antigua for the purposes of placing illegal wagers on sporting events. The two are facing wire and travel act violations as well as the aforementioned money laundering charges.

More here.

-- MDT

Labels: money laundering