BetOnSports founder and fugitive arrested in the Domincan Republic

Posted by Tracy Coenen on March 31, 2007 · Leave a Comment 

[Photo]Gary Stephen Kaplan, the founder of BetOnSports PLC, was arrested on Wednesday in the Dominican Republic. He was sent from there to Puerto Rico to appear before a magistrate, and will soon be sent to St. Louis.

Kaplan has been wanted by the U.S. on charges of fraud and a racketeering conspiracy. He was charged in St. Louis federal court last year for allegedly running a criminal enterprise that illegally took $3.5 billion in bets since 2001. Kaplan, 10 people, and 4 corporations were indicted, and co-owner of BetOnSports Norman Steinberg is still on the run. After one executive was arrested in July, the company announced it was stopping U.S. operations, which accounted for about 90% of its business.

In October, the U.S. Congress passed a law which banned almost all forms of online gambling.


Related Posts

  1. 2 former NY police detectives convicted of mob murders
  2. Dog the Bounty Hunter arrested
  3. Japanese investor arrested for insider trading
  4. Ex-CEO of Comverse arrested in Africa
  5. “The Alderman” has been arrested (again)

Leave a Comment

Comments containing profanity, personal attacks, threats, abuse, hate speech, or otherwise objectional content will not be published. Do not assume that the author of this blog agrees with or endorses any comments made by commenters. Promotion of MLM companies is not permitted, and that includes linking to MLM sites and making unsubstantiated earnings claims.