The U.S. Department of Treasury on Thursday imposed its first penalty against a card club, signaling it’s targeting smaller gambling operations by ordering a California club to pay $650,000 for anti-money laundering compliance failures. Card clubs are gambling houses where games are limited to those involving cards, and the players face each other rather than the house. In California, they’re regulated by the state’s gambling control commission. “Just because they’re not a multi-billion dollar casino, doesn’t mean they still can’t follow” anti-money laundering rules, said Micah Willbrand, an anti-money laundering and financial crimes expert at NICE Actimize, which makes products to help financial institutions comply with regulations.
federal and state investigation into dog fighting and gambling has resulted in the arrest of 12 people from Alabama, Georgia, Mississippi and Texas. U.S. Attorney George Beck said Monday the 12 are charged with conducting an illegal gambling business and multiple dog fighting charges, including promoting dog fights. Additional defendants are being sought. Federal and state officers served search warrants Friday in simultaneous raids in Alabama and Georgia. They seized 367 pit bulls in Alabama, Georgia and Mississippi. They also seized more than $500,000 in cash. The Humane Society of the United States and the ASPCA are caring for the animals at undisclosed locations.
The previous government director of a Philadelphia nonprofit that helps the needy has been ordered to pay again $90,000 that prosecutors say she stole for private use. Rodnell Griffin, 68, used ATM playing cards to withdraw cash 500 occasions from Searching Park Neighborhood Advisory Committee’s checking account, together with 10 situations at ATM machines inside SugarHouse On line casino, based on a federal indictment filed in April. Griffin pleaded responsible in August, and a decide on Tuesday ordered her to make restitution. Her lawyer, Geoffrey Johnson, stated she wouldn’t attraction the decide’s order, which additionally requires her to finish 600 hours of group service and serve at some point in jail.
A former manager who defrauded Macquarie Bank of $1.2 million has avoided prison. Michael Roth was sentenced to two years in jail for two fraud offences in the New South Wales District court on Friday. He will serve the sentence in the community under strict supervision under an intensive correction order. The court heard Roth, 45, took the money from the company’s leasing arm over almost a decade to fund an alcohol and gambling addiction. “He got caught up with a senior manager who would drink and gamble at lunch time and the behaviour was allowed to continue because they were making the company so much money, ” she said. “A pattern emerged whereby the offender would work in the mornings then drink and gamble with other Macquarie Bank staff. “There were times when he would stay awake all night and gamble.”
Hitting the news is Illegal sports betting in the United States resulting in 25 arrests. These arrests were a result of two venues and their ability to launder money from gambling. Over the course of the gambling ring’s span in business they netted approximately ten million dollars. Federal Bureau agents began their “investigation and sting” by locating and establishing key elements and people in the gambling venue. Wiretaps were set up and several states fell into their hands. South Carolina, Florida, Los Angeles, and Chicago were a few of the surprising areas that the wire taps led the feds to investigate. Over 360 people were betting and calling to make bets during the wiretaps.
One surprising individual in all of this is the Assistant United States Attorney Josh Mellor. He set up a betting and gambling operation inside his own condo in San Diego, Ca. David Stroj, also a bookie, was established to be part of the Philadelphia mafia. The FBI soon learns that Stroj was earning almost $2 million dollars each 30 days. The sports bets and card games were definitely assisting Stroj in padding his pockets. Other Casinos that show up in the investigation are the Palomar Card Club and the Seven Mile. Each of these venues was ordered by the Gambling Chief to close their doors on Wednesday.
When a retired Houston police officer dies or changes addresses, his or her pension check is most likely returned to the Houston Police Federal Credit Union, a federally insured credit union responsible for, among other things, the majority of accounts held by the Houston Police Officers’ Union. And it happens more often than you might think: The state of Texas alone accounts for more than $2 billion in unclaimed funds, according to the state Comptroller’s Office. But sometimes that money can slip through the cracks, and that’s how, according to a police union official, former credit union Vice President Cheryl Vickers got her hands on roughly $1.25 million over the span of nearly two decades. The police union itself is no stranger to embezzlement. In 2011, a former member was sentenced to 20 years in state prison for stealing more than $650,000 in union funds to feed a gambling addiction and pay off credit card debt, according to reports at the time. The member used checks to pay his bills, forging the carbon copy beneath the check with the name of legitimate charities, Hunt said.
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