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Two Missouri men have plead guilty to operating an illegal online sports betting website after being charged by federal prosecutors in February.
William Lisle (57) and Kenneth B Lovett (72) of Joplin, Missouri plead guilty in US District Court before Judge Richard E Dorr to using the internet to transmit wagering information. The two men conducted the crimes between January 1st, 2003 and February 8th, 2011 while running two online betting websites based out of Costa Rica.
The government presented fifteen different instances wherein the men committed money laundering by sending cashier's checks worth $72,000 to a Costa Rican online gambling operator. The checks were written to a payee with a fake name.
As part of the plea deal, Lisle will forfeit $98,263 that was seized by the government during a raid by the government on his house.