Online Gambling Payment Processor Indicted

Written by :

Guest

Published on :

6 August, 2009

LEV L. DASSIN, the Acting United States Attorney for the Southern District of New York, and JOSEPH M. DEMAREST, JR., the Assistant Director-in-Charge of the New York Office of the Federal Bureau of Investigation ("FBI"), announced today the filing of an Indictment charging DOUGLAS RENNICK with bank fraud and other offenses stemming from his role in processing more than $350 million for Internet gambling companies, according to Gambling911.com sources.

Rennick was processing for online gambling companies via his firm, ATM Online, which has long been shut down.

Rennick's name is mentioned in a Motion filed by Account Services in California related to current seizures of funds connected to Full Tilt Poker and PokerStars.

Shortly after breaking this story, the Department of Justice submitted a public release verifying the indictment. Costigan Media, Gamlbing911.com's parent company, filed a Motion to Intervene in order to have various court documents related to this matter revealed.

Mob Rat Gets His Clock Cleaned - What Really Happened During the Detroit Funeral Home Incident

The title says it all. This video exposes what happened at the funeral of a close relative of deceased Detroit LCN Boss Joseph Zerilli, and leaves questions as to why certain Mob genre content creators refuse to report when Rats and Snitches misbehave. The incident in question happened back in April.

Chevy Chase Maryland Supreme Court Litigator, Poker Pro Gets 6 Year Prison Sentence for Tax Evasion

A judge ordered Thomas Goldstein to serve 6 years behind bars without the possibility of parole plus five years of supervised release thereafter with a jury having found the retired Supreme Court litigator guilty on 12 counts that included tax evasion.

Alleged Staten Island Mob Capo Accused of Running Poker Rigging Scheme Requests Change of Plea Hearing

Portland Trailblazers head coach Chauncy Billups and former Miami Heat star Terry Rozier were also named in the related indictment.

3 Wounded in Stabbing at MGM Grand Casino in Detroit

The venue is no stranger to disturbing incidents over the years, as Gambling911.com reports.