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Cyber racketeers convicted over $1bn international conspiracy
Panama-based gambling operation squashed by FBI & Department of Justice
Two members of an illegal international gambling enterprise which operated over the net and telephone have been convicted of a racketeering conspiracy.
Kelly Dorn, 53, of Oklahoma City, and Kory Koralewski, 45, of Parker, Colorado, were found guilty of the offence, while Dorn was additionally convicted of conducting an illegal gambling business.
The men were members of Legendz Sports, an international criminal enterprise operating from 2003 to 2013, which had taken more than $1bn in illegal wagers – almost exclusively from American gamblers.
A 94-page indictment (PDF) filed in March 2013 alleged that "Legendz Sports operated Internet websites and telephone gambling services from facilities physically located in Panama City."
Legendz Sports illegally made use of interstate and international Internet and telephone facilities to conduct its gambling operations throughout the United States and elsewhere, in violation of the laws of the United States.
Legendz Sports solicited millions of illegal bets totaling over $1,000,000,000.00 (one billion dollars) on sports and sporting events from gamblers in the United States, twenty-four hours a day, three hundred and sixty-five days a year.
Legendz Sports was operated out of Panama, where evidence showed that its illegal gambling proceeds were used to further promote the gambling business, including to pay employees and build a new multi-million dollar call centre from where bets were taken.
Earlier this year Bartice Alan King, 44, "the owner, CEO and President of Legendz Sports," according to evidence presented at his trial, was convicted of conspiracy to commit money laundering.
The US Department of Justice stated that a sentencing hearing has not yet been set.
More than fifty other individuals and organisations are listed as defendents in the indictment. Their trials are ongoing. ®