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Illegal transaction on online gambling: The founder of Intabill arrested
He is only 27 years old, he resides in Australia and he lives like a wren. So, you can measure the extent of his fortune, know that he lives in a house worth $ 29 million and has many luxury cars. This man is the founder of Intabill, he was arrested in Las Vegas on Friday and now faces numerous charges such as bank fraud, money laundering and illegal processing of gaming transactions on the Internet. The 27-year-old Daniel Tzvetkoff is accused of having helped move more than 500 million dollars through poker rooms and online casino. And when his company went bankrupt between February 2008 and March 2009, he faced with debts totaling more than $ 80 million, including $ 30 million dollars owed to four online poker sites.
Despite a declaration of bankruptcy, Tzvetkoff was still involved in running a group of offshore billing, and he was in Las Vegas for a conference of 10 days where he was spotted by professional of online poker to whom he owes money. Now Tzvetkoff is accused of violating U.S. law UIGEA, he would have masked the banking operations to clear all dealings with gambling. According to the Ministry of Justice: "Tzvetkoff and his co-conspirators have created tens of shell companies with a name unrelated to gambling - with fake websites that gave these companies a veneer of legitimacy - these men presented to the banks of the transactions made on behalf of these companies.
Source: Poker 777
Thursday, 22 April 2010
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