Two companies to pay millions in online gambling caseAllied Wallet Inc and Allied Systems Inc, two payment processors, as well as their owner Ahmad Khawaja, have been involved in an online gambling case. A case was brought against the companies and the owner because they were believed to have been involved in money laundering.
United States prosecutors traced the funds that were laundered to PokerStars which is based in the Isle of Man. Prosecutors stated that some of the money transferred was previously traced to wire transfers which took place outside the United States. Prosecutors stated that the individuals and entities involved knew that the funds represented the proceeds of
illegal transmission of gambling information as well as the operation of an illegal gambling business.
Both companies as well as the owner must now forfeit $13.3 million. The companies agreed to forfeit this amount in federal court this past Tuesday. Prosecutors also contended that the transfers that were in question were made to promote the ‘carrying on of an illegal gambling business’ as well as being ‘designed in part to conceal our disguise’ what they really were.