A New Jersey man has plead guilty to helping run a crime ring associated with Costa Rican betting website BetEagle.com.
Fifty year old Kenneth Baran of Newark plead guilty to illegal sports betting and aiding and abetting in Newark Federal Court on Monday. He is one of fourteen different people charged in the crime ring related to the website.
Federal authorities began investigating BetEagle in 2010 and concluded that the fourteen defendants were conducting an illegal online gambling ring across New Jersey. Authorities contend that the group placed bets on the website for customers and collected on those bets. When a customer refused to pay, they were threatened or extorted.
Baran is scheduled to be sentenced on January 28th, 2014. He faces two years in prison and a fine of up to $250,000.