A finance manager for epay, from Sydney, Australia, was arrested in Los Angeles and accompanied back to Sydney facing 9 charges of fraud involving A$7 million, according to the Sydney Morning Herald.
The arrest of 38-year-old Jason Graham Boatwright was the result of a major investigation involving the FBI, US Secret Service and NSW Police operation.
According to court documents, Boatwright allegedly gambled a minimum of A$5 million of the stolen cash on Centrebet, an operator that cooperated with police investigations.
Boatwright managed epay's financial department in February 2011 and began the fraudulent activity right away by writing three company checks totaling $138,475 within days of taking on the role. The checks were deposited into his personal bank account and since this went unnoticed, he went on to transfer A$9,865 via epay's payroll system into his account.
It didn't stop there. Boatwright also made five additional transfers into his account for a total of $7,120,769.
Investigators followed the trail of fraud to Boatwright's account and discovered 86 debit card transactions with Centrebet between June and November 2011.
Investigations then revealed that Boatwright had transferred A$300,000 from his Australian bank to Sheldon Adelson's Venetian Hotel in Las Vegas the day before his flight to Nevada where he withdrew another A$310,000 from account while at the Venetian.
It took three years, but authorities caught on. Boatwright will face trial sometime this month.
Shumar4life
9 years ago
It's good fact that he is arrested, but we will have to wait and to see what influence this could have on epay. Police, company and all of authorities reacted well on this matter, and I believe that in future will be more attention payed on situation like this, or this situation could repeat with some other people
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sharpe
9 years ago
This is definitely a bad advertisement for Epay. But what a nice guy, he acted like a real thief. I use a lot Epay processor for the internet transactions and hope that in the future this will never happened again.
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