David Howard, a Certified Public Accountant in Las Vegas, and Randy Moreau, an accountant in Miami, each pleaded guilty in January 2002 to owning a share of a sports betting business that engaged in illegal sports wagers, using the phone lines and Internet, from bettors in the United States to Gold Medal Sports in Curacao. Attorney Bruce Meagher pleaded guilty in April 2002 to participating in the gambling conspiracy involving Gold Medal. He received one month in jail, five months of home detention, and a fine of $20,000. Gold Medal manager Rick McColley was indicted on February 21, 2002. He is currently a fugitive.
well, I had a casino tap my bank account for over 5,000 dollars in 2001
My credit union charged back the money to visa as they used my debit card to suck the funds.
the states attorney got involved and warned me they could prosecute me for violating the law by placing wagers online, he told me it is a federal offense to use a wire to gamble, i.e. phone, internet
My credit union charged back the money to visa as they used my debit card to suck the funds.
the states attorney got involved and warned me they could prosecute me for violating the law by placing wagers online, he told me it is a federal offense to use a wire to gamble, i.e. phone, internet
State law prohibits the transmission or receipt of any wager or gambling information intended to be used for bookmaking or other unauthorized gambling activity. It is also illegal under federal law, including the Federal Wire Wager Act (18 U.S.C. § 1084 (1994),
I keep going back to the guy in North Dakota. He called himself a "professional gambler". Now--he won or reported gambling income of about $50,000 (Don't recall the exact figure). He paid the taxes but the state fined him --I think it was $500.
So he moved to Kentucky to continue playing offshore as this state does not prosecute it.
I'm still not clear which STATES will fine you!!!
So he moved to Kentucky to continue playing offshore as this state does not prosecute it.
I'm still not clear which STATES will fine you!!!
(a) Whoever being engaged in the business of betting or wagering knowingly uses a wire communication facility for the transmission in interstate or foreign commerce of bets or wagers or information assisting in the placing of bets or wagers on any sporting event or contest, or for the transmission of a wire communication which entitles the recipient to receive money or credit as a result of bets or wagers, or for information assisting in the placing of bets or wagers, shall be fined under this title or imprisoned not more than two years, or both.
IRS will cause you major headaches if they discover unreported income. As far as I know they do not share information with other agencies in most cases, so you may not get prosecuted for anything. Also, I don't think it would be the feds coming after you, this is enforced by state govt if I recall correctly. Some states do not have specific laws against offshore wagering, I think I saw NY mentioned recently.Illini said:
Many MAJOR mafia figures over the years have been incarcerated only for tax evasion, not all their other activities. IRS is the scariest agency to screw around with.
this was released August 6th, 2004
<table class="statute" border="0" width="100%"> <tbody><tr><td class="catchline">§ 1084. Transmission of wagering information; penalties
</td> </tr> <tr> <td class="dates" align="right">Release date: 2004-08-06</td> </tr> <tr> <td class="statute">
(a) Whoever being engaged in the business of betting or wagering knowingly uses a wire communication facility for the transmission in interstate or foreign commerce of bets or wagers or information assisting in the placing of bets or wagers on any sporting event or contest, or for the transmission of a wire communication which entitles the recipient to receive money or credit as a result of bets or wagers, or for information assisting in the placing of bets or wagers, shall be fined under this title or imprisoned not more than two years, or both.
(b) Nothing in this section shall be construed to prevent the transmission in interstate or foreign commerce of information for use in news reporting of sporting events or contests, or for the transmission of information assisting in the placing of bets or wagers on a sporting event or contest from a State or foreign country where betting on that sporting event or contest is legal into a State or foreign country in which such betting is legal.
(c) Nothing contained in this section shall create immunity from criminal prosecution under any laws of any State.
(d) When any common carrier, subject to the jurisdiction of the Federal Communications Commission, is notified in writing by a Federal, State, or local law enforcement agency, acting within its jurisdiction, that any facility furnished by it is being used or will be used for the purpose of transmitting or receiving gambling information in interstate or foreign commerce in violation of Federal, State or local law, it shall discontinue or refuse, the leasing, furnishing, or maintaining of such facility, after reasonable notice to the subscriber, but no damages, penalty or forfeiture, civil or criminal, shall be found against any common carrier for any act done in compliance with any notice received from a law enforcement agency. Nothing in this section shall be deemed to prejudice the right of any person affected thereby to secure an appropriate determination, as otherwise provided by law, in a Federal court or in a State or local tribunal or agency, that such facility should not be discontinued or removed, or should be restored.
(e) As used in this section, the term “State” means a State of the United States, the District of Columbia, the Commonwealth of Puerto Rico, or a commonwealth, territory or possession of the United States.
</td></tr></tbody> </table>
<table class="statute" border="0" width="100%"> <tbody><tr><td class="catchline">§ 1084. Transmission of wagering information; penalties
</td> </tr> <tr> <td class="dates" align="right">Release date: 2004-08-06</td> </tr> <tr> <td class="statute">
(a) Whoever being engaged in the business of betting or wagering knowingly uses a wire communication facility for the transmission in interstate or foreign commerce of bets or wagers or information assisting in the placing of bets or wagers on any sporting event or contest, or for the transmission of a wire communication which entitles the recipient to receive money or credit as a result of bets or wagers, or for information assisting in the placing of bets or wagers, shall be fined under this title or imprisoned not more than two years, or both.
(b) Nothing in this section shall be construed to prevent the transmission in interstate or foreign commerce of information for use in news reporting of sporting events or contests, or for the transmission of information assisting in the placing of bets or wagers on a sporting event or contest from a State or foreign country where betting on that sporting event or contest is legal into a State or foreign country in which such betting is legal.
(c) Nothing contained in this section shall create immunity from criminal prosecution under any laws of any State.
(d) When any common carrier, subject to the jurisdiction of the Federal Communications Commission, is notified in writing by a Federal, State, or local law enforcement agency, acting within its jurisdiction, that any facility furnished by it is being used or will be used for the purpose of transmitting or receiving gambling information in interstate or foreign commerce in violation of Federal, State or local law, it shall discontinue or refuse, the leasing, furnishing, or maintaining of such facility, after reasonable notice to the subscriber, but no damages, penalty or forfeiture, civil or criminal, shall be found against any common carrier for any act done in compliance with any notice received from a law enforcement agency. Nothing in this section shall be deemed to prejudice the right of any person affected thereby to secure an appropriate determination, as otherwise provided by law, in a Federal court or in a State or local tribunal or agency, that such facility should not be discontinued or removed, or should be restored.
(e) As used in this section, the term “State” means a State of the United States, the District of Columbia, the Commonwealth of Puerto Rico, or a commonwealth, territory or possession of the United States.
</td></tr></tbody> </table>
