00:00 (upbeat music)
00:03 - I did read that there is an offshore sports book
00:07 and somebody who was running it was arrested.
00:11 It was $22 million for an offshore sports betting operation.
00:14 And then I did a little research into this, Mike,
00:16 in the story, and it seems like this
00:17 is from a really long time ago.
00:19 And what, did the person just come back
00:21 into the United States?
00:22 What happened here?
00:23 - Yeah, this is a Sam McClellan story,
00:25 so I apologize, Craig.
00:26 I don't have all the details, but you know,
00:28 just that a 73-year-old Antigua man, Richard Sullivan,
00:31 was arrested at JFK, and it was dating, like you said,
00:34 dating back to a sports betting probe from 2010,
00:36 $22 million sports betting ring,
00:38 appears to some racketeering, you know,
00:41 some fraud involved potentially with them laundering money.
00:44 I think it was $10 million of that.
00:46 $22 million was laundered through fake business.
00:49 And so these are the things that, you know,
00:51 the American Gaming Association has asked
00:53 the Department of Justice,
00:55 "Hey, start cracking down on this stuff."
00:56 I think, according to Sam's story,
00:58 there's only like a handful of these sports books
01:01 that have been brought down, you know,
01:03 and charges for allegations filed.
01:05 But, you know, this is something that even the NFL
01:08 had recently said, Craig, as you remember.
01:11 The NFL asked Rep. Titus, you know,
01:13 "Can you guys get involved?
01:14 Can more congresspeople, lawmakers, policymakers
01:17 get involved in trying to stop this stuff?"
01:19 And so, you know, you hope this is eye-opening
01:21 if you're running one of those enterprises offshore,
01:23 you know, potentially you want to stop
01:24 or take some sort of action there, do something else,
01:27 because, you know, especially if you get caught in the US,
01:30 you're gonna get in trouble.
01:31 And this guy faces two to 20 years in prison
01:34 over these allegations.
01:35 Potentially you have to return all that $22 million as well,
01:39 dating back to the 2010 case.
01:41 So yeah, super interesting here.
01:43 You know, we'll see what happens,
01:45 but it's certainly something that, you know,
01:48 these US federal authorities are keeping an eye on,
01:50 and potentially even more of a closer eye
01:52 after this case pending what happens in it.
01:55 (upbeat music)
01:57 (bells chiming)
