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Another 44Wager Defendant Pleads Guilty In US Federal Court

Another defendant connected to the 44Wager sportsbetting case has plead guilty in US District Court, the latest guilty plea in a case that saw 20 people arrested.

Craig Caffro, 48, plead guilty to money laundering and operating an illegal gambling business in the federal court room. The plea is the latest in the case, which has seen the majority of defendants plead guilty to their related crimes.

As part of the plea deal, Caffro will forfeit $50,000 that he made in connection with the crime ring. Caffro was thought to serve as the crime ring's bookmaker with 44wager, a Costa Rican sportsbetting site that was shuttered after the connection to organized crime was discovered.

Caffro will be sentenced on February 26th, 2014.

Thus far, 19 defendants connected with the case have plead guilty, and agreed to forfeit $1.5 million in fines. The ring was thought to have generated $1.7 million in total revenue during its operational period of October 2010 and June 2011.

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