Israeli Onling Casino Busted

beangel40 · #1 (**permalink**) 02-03-2008, 05:10 AM

Israeli Online Casino Busted
By Staff

Police in Israel arrested seven people and detained 18 others for questioning last weekend on suspicion of running an illegal online gambling ring said to be worth tens of million of dollars a year.

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bartongrl1 · #2 (**permalink**) 02-04-2008, 05:36 AM

This is a shame. Its why online gambling is having so many problems. But, my question is how do they launder money online?

lvpoker · #3 (**permalink**) 02-04-2008, 09:33 AM

This is why the good people have such a hard time because of wackoos that screw it up..
Bartongrl I would assume the same way they launder money through banks. Setup dummy accounts for the money to run through.

bartongrl1 · #4 (**permalink**) 02-05-2008, 07:10 AM

Lvpoker, I agree, it is part of the reason that online gambling has been banned. But as they say, one rotten apple spoils the barrel.