Investigation of Fake IDs Nets $4.7M in Bitcoins, Gold Bars

Written by:
Guest
Published on:
Feb/08/2018

TOLEDO, Ohio (Associated Press) - Authorities investigating a large-scale fake ID operation in Ohio say they've seized $4.7 million in bitcoins and several computers and printers.

Court documents say they also found gold and silver bars and coins inside the Toledo home of Mark Simon.

Simon was charged Thursday in U.S. District Court with making and transferring false identification documents. A message left with Simon's court-appointed attorney hasn't been returned.

Ohio authorities began investigating in 2015 after receiving several fake ID cards from a bar in Springfield.

An affidavit in federal court says a college student told investigators his friends bought IDs from the online social forum Reddit.

Documents say buyers had to follow instructions to hide the transactions and use bitcoins, digital money that isn't tied to banks or governments.

Business/Financial News

Sports Betting Software Providers for Bookies

Being a Bookie is not only an extremely profitable business but it is also now very easy to do with all the various sports betting software providers that are available that do all the work for the bookie.

Another $6 Billion of Value wiped Out of Bitcoin in a Day

Another $6 Billion of Value wiped Out of Bitcoin in a Day

Cryptocurrencies, which today accounts for upwards of 70% of all online gambling transactions in the North American market, lost approximately $6 billion of its value in a single day Thursday.

What is a PPH Sportsbook?

A PPH sportsbook is short for a pay per head sportsbook and that is a company that provides a platform and website for bookies so they can accept bets on daily sporting events

7 Reasons Why You Should Use Bookie Software to Run Your Sportsbook

Today it’s possible to run a world-class sportsbook even if you’re a one-man-show. You can actually rival most online sportsbooks by using bookie software to run every aspect of your operation.

New Pay Per Head Provider Comes Onto The Scene Just in Time for UFC 229

New Pay Per Head Provider Comes Onto The Scene Just in Time for UFC 229

PayPerHead247.com has entered the profitable Pay Per Head space with plenty of betting action coming down the pike.

Syndicate