BetOnSports founder and fugitive arrested in the Domincan Republic

Posted on March 31st, 2007

[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. Japanese investor arrested for insider trading
  3. “The Alderman” has been arrested (again)
  4. Dog the Bounty Hunter arrested
  5. Ex-CEO of Comverse arrested in Africa

Trackback from your site.

Leave a comment

Note that comments which are abusive to the author or other commenters will not be published. Also, comments promoting any multi-level marketing companies, pyramid schemes, or business opportunity scams will not be published. Please do not assume that the author agrees with or endorses any comments left by others.