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Showing posts with the label fraud

the day the poker died

Massive day for online poker with serious criminal charges being laid against the biggest online poker firms who target the American market.... Online poker companies indicted for fraud NEW YORK (CNNMoney) -- The founders of the three largest Internet poker companies have been indicted for bank fraud and money laundering, federal law enforcement officials said Friday. The United States Attorney in New York unsealed the indictment against eleven people, including the founders of PokerStars, Full Tilt Poker, and Absolute Poker. In addition to charges of bank fraud and money laundering, the companies are accused of illegal gambling offenses. . . . The companies allegedly arranged for the money from U.S. gamblers to be disguised as payments to hundreds of non-existent online merchants for the purchase of items such as jewelry and golf balls, according to the indictment. Those firms are in deep, it will be interesting to see what happens to those firms who refused to take U...

bent pointless international friendlies - who'd have thought?

Two games played in an international friendly double-header at a Turkish resort, none of the teams involved are ranked in the FIFA Top 50, and no local representation either. Gee, doesn't sound fishy at all. Oh, and all SEVEN goals across the two matches were from penalties.... FIFA to probe friendly matches FIFA have opened an investigation into last Wednesday's international friendly double-header in Antalya after heavy betting was discovered following the award of seven penalties in the two games. Bulgaria and Estonia played out a 2-2 draw hours after Latvia had beaten Bolivia 2-1 at the Turkish resort, with all seven goals coming from the spot.

is sport finally starting to win the fight against corruption?

Could sport be fighting back against the corrupt individuals who wish to poison their respective games to line their own pockets? Encouraging signs this week with cricket and rugby league both acting to stem the tide. In cricket, first the British Crown Prosecution Service announced it was charging the three Pakistan cricketers with obtaining and accepting corrupt payments, and conspiracy to cheat. Bear in mind that the CPS was the authority who were laughed out of court when trying to convict leading jockey Kieran Fallon of pulling horses a few years ago. Let's hope they've got their act together since then. Long drawn out cases which ultimately fail ruin reputations and make lawyers rich. A day later, the ICC have come down hard on the three players, with minimum suspensions of five years. Expect appeals from each player pleading their innocence first, and then for leniency. There's legs in this case yet, but it's encouraging to see the ICC impose serious penal...

has match-fixing found the SPL?

Worrying signs north of the border as Scottish football has had some very unusual matches of late, backed up by suspicious betting patterns. The common denominator in both matches: Hearts. Motherwell midfielder Steve Jennings is in the spotlight this week after his red card in Tuesday night's match against Hearts was predicted by a lot of punters, particularly new ones, wanting to have bets well above the average for this usually trivial market. Several bookmakers have reported clusters of bets being placed on 'A Red Card to be awarded' at 10/1 on this match, far and above the average for a televised SPL match, with a widespread of accts, lumpy bets and numerous new accounts, particularly from the Liverpool area, where Jennings has links from one of his previous clubs, Tranmere. SPL - Jennings in betting probe over red card Motherwell midfielder Steve Jennings has denied any wrongdoing after bookmakers began an investigation into betting patterns over the red card he ...

this just in - FIFA is corrupt. Next story - water is wet!

Is anyone actually surprised that there are stories in the press today about FIFA Executive Committee members, the guys who vote on the venues for the World Cup, are taking bribes to secure their votes for World Cup bids? Two members, named as a member from Nigeria and the President of Oceania Football Federation, have been caught out by a newspaper investigation. Of course the money wasn't 'supposed' to be going directly to them, but to fund some domestic football project they'd take a nice fat bung out of along the way. Newspaper investigation reveals FIFA officials offered to sell World Cup votes Two FIFA officials have offered to sell their votes on which country will host the 2018 FIFA World Cup, according to a newspaper report. The Sunday Times newspaper alleged that Amos Adamu, a Nigerian member of the world football governing body's executive committee, asked for $US800,000 ($A807,007) to endorse one of the bid candidates. It filmed him meeting with ...

collusion in online poker - who'd have thought of that??

It's amazing that some people are naive enough to bet or play poker without thinking somebody else has more information than them. For sports betting, it's a fact of life - unless you should actually be banned from betting because of access to insider info, then there will always be somebody who knows more than you, usually because they have done more homework, or have access to wider sources of news. In poker, you are betting against blank faces online. Who knows what they are up to? And, as proven in every form of life where prizes are involved, there will be crooked people out there trying to get ahead by cheating. It's easy enough to track IP addresses, money trails etc, but it will be nigh on impossible to catch players colluding over instant messenger, if they aren't stupid enough to do it again and again. BBC 5 Live radio are on the case... Can the world of online poker chase out the cheats? . . . The problem for the authorities and the gaming companie...

Cricket's saviour was actually a crook!

The England cricket team went to pieces when they saw all the money Allen Stanford (he doesn't deserve the Sir title) had to offer last year in the Twenty20 circus, but it looks as if all that money was part of a massive con job! Stanford charged over $8bn fraud He looked as dodgy as they come, and looks like he might get his just desserts....