..

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

Written by:
C Costigan
Published on:
Aug/23/2011
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

Can I Bet on FanDuel Sportsbook App From Ohio?

Can I Bet on FanDuel Sportsbook App From Ohio?

You cannot bet on the FanDuel app from Ohio, however, BetUS does welcome you with a generous welcome bonus (max bonus $2500).

Can I Bet on FanDuel From Massachusetts?

Can I Bet on FanDuel From Massachusetts?

You cannot be on FanDuel from Massachusetts but our friends at BetUS will welcome you with their generous signup bonus (max bonus $2500)

Can I Bet at FanDuel From Virginia?

Can I Bet at FanDuel From Virginia?

You are prohibited from placing bets on the FanDuel website at this time as Virginia is yet to regulate sports wagering.  Websites based outside the state are accessible from Virginia and only require a name, valid email, text number and ZIP code.

 Can I Bet Sports With FanDuel From North Carolina?

Can I Bet Sports With FanDuel From North Carolina?

FanDuel does not take bets from those in North Carolina.  BetUS does accept bets from North Carolina residents and visitors, including betting on the Elections.

Is the FanDuel Sportsbook Available in Georgia?

Is the FanDuel Sportsbook Available in Georgia?

FanDuel is a popular online sportsbook, but it is not available to those living in Georgia.  Instead, we recommend BetUS, in business since 1994, and available to those living in Georgia.

Syndicate