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BetonSports, David Carruthers hearings scheduled for
today
 Ousted
BetonSports CEO, David Carruthers, is scheduled to
appear today in a St Louis, Missouri court house in
an attempt to get bail. He was detained in Texas two
weeks ago charged with conspiracy and racketeering.
11 others from the company and those associated with
the company, including its founder, Gary Kaplan,
were also indicted. Kaplan remains a fugitive
of the law, his whereabouts unknown.
BetonSports confirmed
they will be paying all of Carruthers legal fees,
which are likely to run into the millions.
Mr. Carruthers has
been deemed a "flight risk" by US authorities
overseeing the case. As such they have denied
him bail.
Today's hearing may
also determine whether the disgraced betting firm
goes back online again and whether it will take bets
from US citizens.
BetonSports claims to
be losing an estimated $4 million dollars a day.
St. Louis is where all
federal online gambling and tax evasion cases are
handled.
The Associated
Press said that attorneys at the Justice Department
headquarters have been involved from the outset in
the investigation by the US Attorney's office in St.
Louis of BetOnSports PLC.
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Gambling911.com News
Wire
Originally published July 31, 2006 1:59 am EDT
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