Chicago Man Charged With Running Illegal Sports Gambling Business

CBS Local 2 months ago

CHICAGO (CBS) — A Chicago man is facing federal charges for allegedly running an illegal sports gambling business based in Costa Rica.

Michael Frontier, who goes by several other names including “Ira Goldberg,” is accused of giving bettors gambling accounts at an online sportsbook in Costa Rica, according to an indictment in the U.S. District Court in Chicago.

Frontier, 35, collected or paid out to the bettors depending on the betting results, according to the 14-count indictment.

Frontier also allegedly fraudulently obtained a U.S. Bankruptcy Court order discharging his debts. This included a $1.5 million civil judgment against Frontier for negligence in a motorcycle accident.

The indictment, returned Thursday, charges Frontier with five counts of money laundering, five counts of making a false statement in a bankruptcy case, two counts of bankruptcy fraud, one count of conducting an illegal gambling business and one count of making a false declaration before the U.S. Bankruptcy Court.

Frontier’s arraignment has not yet been scheduled.

Source link
Read also:
The Boston Globe › 1 month ago
Police were investigating Sunday whether a gambling dispute, robbery, or something else led to the shooting deaths of four people at an illegal gambling club in Brooklyn that was just blocks from a police precinct.
Los Angeles Times › 1 month ago
Police are investigating whether a gambling dispute, robbery or something else led to the shooting deaths of four people at an illegal gambling club in Brooklyn.
New York Post › 3 days ago
Legalizing app-based sports betting comes with a heavy price: an avalanche of gambling addicts, New Jersey treatment experts are warning New York officials. The number of people calling New Jersey’s gambling hot line and reporting a sports-betting...
Business Insider › Entertainment › 3 weeks ago
Bullpen Capital general partner Paul Martino — an early investor in daily-fantasy-sports company FanDuel — said he's been frustrated by the lack of innovation among startups in sports gambling since the US Supreme Court overturned a federal ban 18...
Business Insider › Finance › 0 month ago
TD Ameritrade is considering business opportunities it could pursue within the world of sports gambling as it looks to make up lost revenue from moving to zero commissions. Vijay Sankaran, the chief information officer of the $1.3 trillion brokerage...
Reuters › Politics › 2 months ago
Ukrainian investigators said on Tuesday they had launched criminal proceedings against former top prosecutor Yuriy Lutsenko over ties to illegal gambling businesses. Lutsenko denied any wrongdoing.
Fox News › 2 months ago
Four people are dead and three more were injured after a shooting erupted at an “illegal gambling” club in New York City early Saturday morning, police said.
USA Today › 2 months ago
New York police say four people were killed and three others injured in a shooting at an illegal gambling site in Brooklyn.
CBS News › 2 months ago
Police say at least four people were killed and three others were wounded early Saturday in a shooting at an illegal gambling club in New York City.
The New York Times › 2 months ago
The New York Police Department has identified the four people killed when gunfire erupted at an illegal gambling club in Brooklyn.
Sign In

Sign in to follow sources and tags you love, and get personalized stories.

Continue with Google