By Moneylaundering.com Staff The U.S. District Court for the District of Columbia showed its hand Wednesday, unsealing an indictment alleging the laundering of $250 million in Internet gambling wagers, the highest-stake case of its type, according to a Justice Department spokesman. Named in the indictment are William Scott and Jessica Davis, who remained fugitives Wednesday evening, and the companies they were charged with operating, Soulbury Ltd. and Worldwide Telesports Inc. The funds were allegedly transferred to and from a number of banks in the Caribbean and the Channel Islands through correspondent accounts at U.S. banks including Bank of America and ABN...
Partisan bickering and a backlog of legislation are stymieing congressional attempts to overturn a controversial ban on online gambling before a June enforcement deadline, according to analysts.
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