Online Gambling Middleman Pleads Guilty

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Online Gambling Middleman Pleads Guilty
As a result of the investigation of the Department of Justice that shut down the three largest U.S. facing online poker sites, a Canadian citizen has now plead guilty to conspiracy charges. In a plea to the U.S. District Court in Manhattan, Ryan Lang said he was the middleman between online poker companies and the brokers who tricked U.S. banks into processing money for online gambling. Land admitted he helped circumvent U.S. laws from 2007 to the middle of 2010. In a statement Lang said; “I wish to publically apologize to anyone I’ve harmed by my conduct.” Sentencing is set for September 24th of this year and Lang is facing up to 30 years in prison for pleading guilty to conspiracy to commit tax fraud and violation of the Unlawful Internet Gambling Enforcement Act, accepting funds in connection with Internet gambling and conspiracy to commit money laundering. These charges come from the indictments handed down last April that shut down the U.S. operations of Absolute Poker, Full Tilt Poker and PokerStars. A Manhattan federal judge issued orders on around 76 bank accounts in 14 countries and seized 5 internet domain names. Several defendants from those indictments have already pleaded guilty but several others are still awaiting trails. Related posts: Absolute Poker Co-Owner Pleads Guilty Canadian Man Pleads Guilty in U.S. Online Gambling Charge Gary Kaplan Pleads Guilty Neteller co-founder Stephen Lawrence pleads guilty Founder of BetOnSports Pleads Not Guilty This entry was posted on Thursday, March 8th, 2012 at 6:37 pm and is filed under Online Casino News and Information. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.