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Guidelines For Straightforward Tactics For Sports Betting

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Man charged with online gambling fraud in New Jersey

New Jersey officials have charged Sandy Masselli, a man hailing from Middlesex County, with online gambling fraud worth $1.3 million. He allegedly cheated 26 investors with promises that the cash was destined to be used to help establish online gambling businesses. According to an official Tuesday press release from the New Jersey Division of Consumer Affairs, he, along with his wife and an associate called Joseph Picco, sold stocks of and entity known as Carlyle Gaming and Carlyle Limited. However, instead of using the proceeds for growing the enterprises, the state contends that Masselli had funded a “lavish lifestyle” that involved the spending of some $145,000 via personal credit cards alongside over $25,000 on automobile leases and at least $68,000 for restaurant, clothing and hotel bills. The action moreover alleges that Masselli utilised a further $93,000 to pay legal bills associated with an ongoing federal criminal court matter while furthermore handing over $17,000 to fund his son’s tuition at George Washington University. New Jersey Attorney General Gurbir Grewal declared that Masselli had erroneously led the unsuspecting investors to believe that he was “a savvy businessman” that had “a long and successful track record in the online gambling industry.” “Today’s allegations make clear that this was nothing more than a million-dollar fraud and that Masselli used investors’ hard-earned money to finance his own extravagant lifestyle. The complaint filed by the Bureau of Securities is simply the latest step in our effort to protect New Jersey’s investors and crack down on financial fraudsters.” Paul Rodriguez, Acting Director for the New Jersey Division of Consumer Affairs, detailed that the action is seeking “restitution for the defrauded investors” as well as “penalties against Masselli and other defendants.” Rodriguez’ statement read: “This wasn’t a case where defendants diverted a small portion of investor funds for their own use. We allege that nearly every dime the defendants took in from investors was funneled into their own accounts and they helped themselves to the money as if it belonged to them. They, like other similarly situated defendants, will now pay the price for living the high life on the backs of defrauded investors.” Niji has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing.

For the original version including any supplementary images or video, visit https://europeangaming.eu/portal/latest-news/2018/09/04/27348/man-charged-with-online-gambling-fraud-in-new-jersey/

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The Boomtown Reno Online Gambling Story, Revisited

“Boomtown further failed to inquire into the nature of the links on its website when it received payment from the websites and when a patron of Boomtown questioned the legality of the activity on one of the links.” That’s indeed one way to state it, but on a second, later read, it’s evident that there was some careful parsing in the above, as you’ll come to understand after reading what follows. The version of events offered by the whistleblower, the web developer referenced in the above, tells a story of far more active participation and encouragement by BCH brass rather than the lack of oversight depicted in the NGCB recap. About a week ago, this writer received a curious link to a very unusual blog, a piece of “creative nonfiction” authored by the web developer at the supposed core of Boomtown Reno’s online-gambling mess. Titled “ Circuses, Clowns, Casinos, & Cons,” the obliquely referenced, New Age-themed rant roams from the mystical to the specific, though it’s those specifics that we’ll deal with here. “Lola Liberta”, the name of the blog’s and associated New Age book’s author, is a pseudonym, though Flushdraw has obtained “Lola”‘s real identity and verified certain facts in her/his background, as well as other matters related to the NGCB investigation and fine.

For the original version including any supplementary images or video, visit http://www.flushdraw.net/news/the-boomtown-reno-online-gambling-story-revisited/

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