BetOnSports founder Kaplan pleads not guilty
The founder of the notorious online betting
company BetOnSports, Gary Kaplan, pleaded not guilty yesterday
to the charges brought against him.
The
Internet gambling executive pleaded "not guilty" on the charges
of federal racketeering, tax evasion and fraud on Monday,
despite the previous statements from the chairman of the
troubled online betting company, that a guilty plea was going to
be filed.
Kaplan, along with 10 other executives from
the online gambling industry were indicted by U.S. District
Court in St. Louis on charges that the company took billions in
illegal bets from U.S. residents. The company BetOnSports
stopped taking bets from US citizens as a result of a civil
settlement last November, and agreed to return the money back to
the American bettors, something that has not happened as of yet.
The criminal charges, however, are still pending.
The 48-year-old Gary Kaplan was arrested in
March in the Dominican Republic, after fleeing the country to
avoid prosecution.
05/15/2007
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