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Sunday, November 8th, 2009

BetOnSports Founder Pleads Guilty

August 15, 2009 by Mark Ellis  
Filed under Business News

BetOnSports Founder Pleads Guilty

Gary S. Kaplan was the founder of the defunct Internet gambling company BetOnSports, but now he could be will be facing significant criminal punishment after pleading guilty to multiple charges of conspiracy to violate the Racketeering Influenced and Corrupt Organizations Act. He will give up $43.65 million and serve 41 to 51 months in jail.
Kaplan was originally charged with violating federal laws regarding interstate transmissions of wagers through wire. Indicted for the charges in 2006, Kaplan was eventually arrested in the Dominican Republic in March 2007, brought back to the United States, and has been in custody since then.
As far …read more

One Final Nail In The US Online Gambling Coffin

October 9, 2007 by Mark  
Filed under Personal Finance

One Final Nail In The US Online Gambling Coffin

UIGEA Regulations Finally Published

How To Protect Your Digital Currency Account Value…USD, EURO, Gold ?

October 8, 2007 by Mark  
Filed under Personal Finance

How To Protect Your Digital Currency Account Value…USD, EURO, Gold ?

Having funds in a digital money account offers options. Your balance held in gold or another precious metal may protect you from inflation and currency moves but if you can’t select gold what is your next best choice?

Transparency & The e-gold Ltd. Audit, A Global E-commerce Innovation

October 8, 2007 by Mark  
Filed under Personal Finance

Transparency & The e-gold Ltd. Audit, A Global E-commerce Innovation

The e-gold audit is truly a thing of beauty. A snapshot of a business, guaranteeing all digital units are 100% backed up by precious metal in secure vaults. THAT is what I call transparent. One of the top innovations created for the Internet since it’s birth.

UIGEA: EU Files For Compensation From US

June 20, 2007 by Mark  
Filed under Personal Finance

UIGEA: EU Files For Compensation From US

The EU just got in line behind Antigua and Barbuda in seeking compensation from the US due to the effects of the UIGEA.


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