Ex-CEO of BetOnSports pleads guilty

[douglas]

Just read this @ another room .... ST. LOUIS (AP) - The former chief executive of BetOnSports pleaded guilty Wednesday to federal racketeering conspiracy, admitting that the Internet company falsely portrayed Web-based gambling as legal and caused customers to lose millions of dollars they'll likely never get back.

As part of a plea agreement with federal prosecutors, David Carruthers, 51, of the United Kingdom, agreed to cooperate in the case against BetOnSports founder Gary Kaplan and six other associates. Kaplan and four of the others are scheduled to go to trial in September. Two others remain at large.

In return for the guilty plea and cooperation, prosecutors agreed to recommend no more than 33 months in prison for Carruthers, even though federal sentencing guidelines provide for up to 20 years. Prosecutors also dropped seven other charges.

 

[whalewager]

Less than 3 years for him after everything? Talk about getting lucky.

 

[HerzvanRentle]

That fat bitch Hanaway should be strung up and birched.

 

[douglas]

Less than 3 years for him after everything? Talk about getting lucky.

cooperation = less time ...........

 

[billhill999]

Scumbag took my money.

 

[whalewager]

I understand cooperation means less time but in this instance...considering all he did and was involved with...3 years is a great fn deal for him

 

[Betallsports]

Nobody Likes a Rat

 

[whalewager]

betall...I have a question for you...

if you were facing 20 years without cooperation or 3 with...

what do you choose?

 

[Betallsports]

betall...I have a question for you...

if you were facing 20 years without cooperation or 3 with...

what do you choose?

Sorry Whale, But I'm Old School.

It would have to depend on Who I would have to Cooperate with and Against.

If it's a Friend...Taking the 30.

I know it would be hard to believe, but my Father taught me this a very long time ago...you just don't Rat out "friends"

Now I know that Things have Changed over the Years...as you see Just about Every Motherfuker Rat bastard in the Mob that Rats out one another.

So I guess it All Depends (<)<

 

[douglas]

I did 55 months of a dime sentence with the feds for not cooperating in the late 70s an early 80s an never regretted it ........that's the truth ........

 

[whalewager]

not saying you would rat...just a question

 

[offshoresports]

Scumbag took my money.

Seriously, David Carruthers never stole anyone's money... He was a puppet for individuals who turned coat when he was arrested. The logic behind the fall is easy to understand, yet people continue to get it all wrong.

Personally, I feel this was a huge disaster and It makes me sick that so many people were affected by it. How much money was lost and how many people lost jobs over this. Really, sad. :>(

 

[aceduecetrey]

Sorry Whale, But I'm Old School.

It would have to depend on Who I would have to Cooperate with and Against.

If it's a Friend...Taking the 30.

I know it would be hard to believe, but my Father taught me this a very long time ago...you just don't Rat out "friends"

Now I know that Things have Changed over the Years...as you see Just about Every Motherfuker Rat bastard in the Mob that Rats out one another.

So I guess it All Depends (<)<

In this case, who do you think he may be "ratting out"? Cooperation can mean basically that he is just cooperating by taking the plea and not going to trial.

 

[Betallsports]

I did 55 months of a dime sentence with the feds for not cooperating in the late 70s an early 80s an never regretted it ........that's the truth ........

They should have Kept your @ss in there ^^

Did you pick up the soap ?

 

[Betallsports]

In this case, who do you think he may be "ratting out"? Cooperation can mean basically that he is just cooperating by taking the plea and not going to trial.

If he's getting 3 year and Not 20+ you know he has to give "Detail's"

First off. they don't want him...they never really wanted Carruthers.IMO

They wanted and Now Have Kaplan !

Even with a Local Bust, sure they want as many guys as they can get.
Clerks, Runners, Agents, etc....
But it's always the "Boss" Owner that they Really want.

Oh, Plus $$$$$$$$$

 

[douglas]

No soap here my friend ......

 

[Betallsports]

No soap here my friend ......

Only kidding :toast:

 

[douglas]

Only kidding :toast:

I know ......but you have changed .............^^

 

[Betallsports]

I know ......but you have changed .............^^

 

[whalewager]

kinda glad I didn tknow him before he really really changed...