According to the latest announcements by Sheriff Gaming, its parent Bubble Group BV is no longer a suspect in the case led by the Dutch prosecution regarding money laundering and other allegations related to Gregoire brothers and Stijn Flapper.
"On basis of the information provided to the lawyers as appointed by Bubble Group BV, I can confirm that Bubble Group B.V. is not designated as a suspect in this investigation. Since no other formal information is provided by the public prosecution department, Bubble Group decided not to send out a press release in the media," Sheriff Gaming's sales and compliance manager, Ellen Flapper stated.
Sheriff Gaming’s clients had already been advised that the group had been cleared of any wrongdoing.
Towards the end of May, Dutch police and prosecutors paid a visit to Bubble Group offices in Eindhoven and Best Geldrop as three Dutch men were allegedly under investigation – brothers Michel and Maurice Gregoire, and Stijn Flapper, CEO of Bubble Group BV.
The investigation reportedly focused on drug trafficking, money laundering and illegal gambling. Various state bodies were involved in the enquiry including 150 representatives from the Dutch Prosecuting Authority (Openbaar Ministerie), the gaming authority KSA (Kansspelautoriteit) and the tax authority.
The authorities have frozen certain bank accounts and shut down seven online casinos AmsterdamsCasino, AmsterdamsPoker, JackpotRed, TripleGold, Golden10Casino, Tanzoo and FruitLuck. Dutch law presently prohibits foreign internet gambling operators from targeting Dutch players.
The Alderney Gambling Control Commission later stated that the special investigation was initiated in order “to confirm that the basis on which Bubble Group BV and its sponsors were approved remain correct.”
Stijn Flapper has insisted on his innocence of any wrongdoing throughout, distancing himself from the business operations of Michel Gregoire, with whom Flapper founded Teletick back in 2004.