Almost $7 Million Forfeited by World Wide Tele Sports Founder


After surrendering to the US authorities last September due to an indictment for Wire Act breach and money laundering offences, Bill Scott, a veteran industry businessman and founder of the offshore sports betting firm World Wide Tele Sports was sentenced on January 7.

His sentence includes 3 years of probation and the forfeiture of $6,786,935 retrieved from proceeds traced to the Royal Bank of Scotland International (Guernsey).

The fate of his Antigua-based company was to merge with Australian group Betcorp, and then be bought by the Bodog group.

Sports Society News General Sportsbook News

Login to post a comment:


 
 

Click Here to register a new account

What's going on right now!

3mins ago someone from us flag United States read article Jacktrade Pleads Guilty

Sports Community

Share this page on:
Follow LSB on:
Follow LSB

Join Now for full access

In the last 24h

Totals

  • New Members
    3
  • Members Online
    8
  • Guests
    937



eighteen plus only

Follow LSB on Facebook Follow LSB on Twitter Follow LSB on Pinterest Follow LSB on Google plus