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ST. LOUIS (AP) - Federal prosecutors said Friday they will continue prosecuting BetOnSports PLC even though the online gambling company is shutting down its operations that take bets from U.S. customers.
Separately, U.S. Attorney Catherine Hanaway's office approved conditions for the release of London-based BetOnSports' former Chief Executive David Carruthers, according to his attorney, Scott Rosenblum.
Hanaway's case against BetOnSports is one of the most high-profile prosecutions of online gambling. Last month, her office unveiled a 22-count indictment against the company. It seeks a $4.5 billion forfeiture from Carruthers and 10 other people associated with the operation that the government claims fraudulently took bets from U.S. residents by phone and the Internet, and failed to pay excise taxes.
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