Judge Freezes $28 Million Linked to Illegal Curacao Online Gambling Business

Written by:
C Costigan
Published on:
Online Gambling

A federal judge on Tuesday froze more than $28 million in a bank account owned by a prominent Curacao-based businessman.  Prosecutors say Robertico Alejandro dos Santos, the half-brother of Curacao Finance Minister George Jamaloodin, is suspected of selling millions of dollars in forged lottery tickets through his gambling businesses in Curacao and St. Maarten known as “Robbie’s Lottery”. 

Prosecutors allege that Dos Santos accumulated more than $52 million in illegal profits through the scheme dating back to 2004. 

Prosecutors said they’ve established dos Santos’s control over three companies—Ponsford Overseas Ltd., Carribean Investment Group Ltd., Tula Finance Ltd.—with assets of about $28 million at UBS.

Dos Santos’s companies, Jamaroma Lotteries in St. Maarten and Administratiekantoor Dollar NV in Curacao, generated less than $600,000 in profits in 2009, according to tax returns and business records cited in court documents.

Curacao, a long time hub for online gambling operations that has lost some of its luster in recent years, asked US officials for assistance in this matter. 

U.S. District Judge Colleen Kollar-Kotelly asked the Justice Department for additional legal arguments on her authority to issue a restraining order per a request from a foreign government.  This was permitted after prosecutors advised of a law passed through Congress last year that grants the US Justice Department greater authority to seek freeze orders asked for by other nations. 

Dos Santos has denied any wrongdoing. 

- Chris Costigan, Gambling911.com Publisher

Gambling News

Gambling and Sports Betting News Wire - October 18 2019

Here are today's headlines in the world of gambling and sports betting as they happen - Friday October 18, 2019.

Where Can I Bet Sports Near Pittsburgh

Where Can I Bet Sports - Pittsburgh

You can bet sports near Pittsburgh at Rivers Casino. The Rivers Sportsbook features over 10 TVS and is located next to our High Limit Table Games and 446 Club.  You can also bet using the Rivers Sportsbook mobile app or website. 

Gambling and Sports Betting News Wire - October 17 2019

Here are today's headlines in the world of gambling and sports betting as they happen - Thursday October 17, 2019.

The Gambling911.com Crime Blog

The Gambling911.com Crime Blog

Welcome to the Gambling911.com Crime Blog, all the latest news and social media stories about gambling-related crime as well as organized crime.

Diversify Your Sports Offering

Diversify Your Sports Offering

As a bookie owner, you likely have experience with setting betting lines.