FYI Assets Forfeiture and Financial Crimes division

Anything related to casinos, casino games, new casinos, tournaments etc.
Headline back 2
    1,670
    views
    2
    replies
    Last post ago over 7 years by drpsyce38
    Avatar 11084
    • Started by
      Hero Member
      556
    • last active 7 days ago

    Readers of this topic also read:

    Please or register to post or comment.
      • Avatar 11084
        • Started by
          Hero Member
          556
        • last active 7 days ago
        New U.S. Department Goes After Online Gambling


        A new task force has been created by the U.S. Attorney’s Office in Baltimore, Maryland to attack online gambling companies in the United States. The new department is called the Assets Forfeiture and Financial Crimes division and is out to tackle illegal online gambling activity on U.S. soil.

        The leader of the new division is headed by U.S. Attorney, Rod Rosenstein, who received instructions from the U.S. Justice Department to “follow the money” when it comes to criminal cases involving money laundering or fraud.

        Rosenstein, said, “Seizing and forfeiting ill-gotten gains enables us to take the profit out of crime and use the proceeds to compensate victims,” adding, “This new unit will work with federal authorities and with state and local officials on a wide range of cases in which federal forfeiture and money laundering statutes can help punish and deter crime. Federal laws allow us to pursue forfeiture of assets for many crimes, including mortgage fraud. Assets subject to forfeiture may include the fruits of crime, such as homes and vehicles purchased with criminal proceeds, and also the instrumentalities of crime, such as computers, vehicles and real estate used by criminals.”

        One of their most recent cases involves the online gambling industry where undercover feds were investigating Golden Casino by calling up customer service agents and asking them to break the rules. The new task force is out looking for blood which is actually a good thing and will definitely keep online gambling companies in line.
      • Avatar 7881
        • Replied by
          Super Hero
          1,492
        • last active 3 months ago
        The key to watch:  If they go after actual US players.  Going after US based online casinos is nothing new.  This has been happening for a few years.  Once they start arresting players, or seizing their bank accounts, then things will be a giant mess.

      lcb activities in the last 24 hours

      • 44
        new members
      • 715
        members online
      • 14895
        guests online
      • 119
        new posts
      • 6621
        free games played
      Join the club

      Most viewed forum posts

      • Putting on lipstick emoticon 1
        Hi LCB'ers,Here is a list of freebies that are not on the weekly code list. This list includes casinos to check your acct, call/email for free chip and casinos not listed here at our forum.  I will update this list on...
        More Free Chips
      • Putting on lipstick emoticon 1
        LCB $250 August Contest – Lets Play Roulette     Hi LCB'ers because of the launch of the new site design i had to temporarily close this contest. Lets start fresh - for any member that may have already enterted a...
        CLOSED - LCB $250 August Contest – Lets Play Roulette
      • Putting on lipstick emoticon 1
        LCB $500 10th Anniversary Contest Wow, can you even believe it’s been a whole ten years we have been around! I know I am personally thrilled I have shared this time together with the old timers and of course all...
        Closed - LCB $500 10th Anniversary Contest

      Join today and start earning rewards

      You will immediately get full access to our online casino forum/chat plus receive our newsletter with news & exclusive bonuses every month.
      S logo
      Select Language
      Search
      Search Results

      Report to moderator

      Use this function to inform the moderators and administrator of an abusive or wrongly posted message.

      Please note that your email address will be revealed to the moderators if you use this

      Submit
      39012170