Pennsylvanian company Payment Processing Center involved in an illegal transfer?
The latest reports concerning prosecution of e-processing companies by the US federal enforcement authorities have brought an old multi-million dollar case of now defunct betting firm BetonSports to the front burner. This firm was one of the first major online betting companies to be targeted by the US authorities.
Currently, the company from Pennsylvania, Payment Processing Center, attracts all the attention for its allegedly chequered past connected to fraudulent telemarketing charges.
According to the reports, the US Attorney's office in East Pennsylvania has commenced the required activities, some of which are related to alleged involvement in online gambling processing between 2005 and 2006.
A similar case was filed earlier this week against a Philadelphia citizen over his alleged involvement in illegal gambling activities related to sports betting, however he has not yet responded to the charges.
In case of PPC, six Pennsylvanian residents supposedly linked to the e-processing company have been charged with taking part in the illegal transfer of $44 million in a number of transactions between online gamblers and e-gaming website operators (including Sportsbook.com, Bodog.com, BetonSports.com and MySportsbook.com), the prosecution claims. These charges include conspiracy; an illegal gambling operation; and money laundering – serious felonies potentially leading to prison sentences and substantial fines.
The experienced US Attorney Zane Memeger who has been in charge of the mentioned Philadelphia case is leading the federal investigative team. According to Memeger's statement, the charges refer to transfer of funds by a number of companies, including DTX Solutions in the Caribbean, UC Safety in Britain, and other companies in Canada.
Donald Hellinger, a senior former executive of PPC, has told authorities he will fight the charges.
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