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Online Gambling Sting Made Use of U.S. Banks, Phony Payment Processor
By Brian Monroe
printUndercover investigators, acting as a phony payment processor, used U.S. bank accounts to see how offshore gambling operations transacted more than $30 million with their American clients, according to federal prosecutors. The U.S. Attorney's Office in Maryland indicted the directors of Canada-based ThrillX and Cyprus-based BMX Entertainment late Monday for allegedly running an online gambling operation and laundering the proceeds. The prosecutors called for more than $30 million in forfeitures from 11 bank accounts, including at least two maintained at Bank of America and Bank of Guam. Investigators discerned how the two gambling operations functioned after creating a fake payment...
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