The owners of the Affactive and Revenue Jet casinos were arrested in Israel this week for allegedly playing a role in hacking JPMorgan Chase in 2014, resulting the closure of their casinos.
Gery Shalon and Ziv Orenstein were indicted in US Federal Court in New York this week for their role in the hack, which resulted in the banking giant having more than a gigabyte of confidential and personal information stolen.
The defendants were ordered extradited to the United States by Israeli judge and were picked up by police on Tuesday. The duo currently are facing charges of fraud, identity theft, and money laundering, and could face years in prison if they are convicted.
At Shalon's residence police found more than 2 million shekels ($520,000 USD), leading authorities to believe the casino owner was prepping to flee the country. Because of this and the seriousness of the charges, Judge Shmuel Herbst denied allowing the suspects free on house arrest, requiring them to remain jailed.
The two men oversaw AffActive and Revenue Jet, which themselves managed the casinos WinPalace, Slots Jungle, Casino Titan, Golden Cherry, Grand Macao, Jackpot Grand, Begado, Slots of Fortune, Ruby Royal Casino, Loco Panda, OnBling, Classy Coin, and Grand Parker. As of Thursday many of these casino sites remained up, but there have been reports of support representatives telling players not to deposit at the casino and Affiliate Managers are telling sites to stop sending traffic.
Casino Listings has been warning players about casinos run by Affactive and Revenue Jet for quite some time, as the casinos have had a history of not paying out winnings to players. It appears that the poor management of these casinos went all the way to the top, and we are happy that several rogue betting sites are now off the market.
Casino Listings will update this story as more developments arise.