Three Men Indicted in Gambling Payment Processing Case

This story was published more than 8 years ago.

This week federal prosecutors in Florida indicted three men on wire fraud, bank fraud, illegal money laundering, conspiracy, and illegal money transmitting charges related to processing payments for an illegal sportsbetting website.

The men indicted in the case are David Stewart of the United States as well as Jason Neiman and Tom Freeborn from Canada. Stewart ran the companies DiamondPayTV and Web Pay TV Inc., which are alleged to be a front for processing payments for the sportsbetting site BetOnline. Freeborn is accused of processing money through the firm eGoldwallet, and Neiman ran a processing firm Doughflow. The trio is suspected of moving more than $4.2 million through their operation in roughly two years.

The indictments occurred in Florida after authorities conducted a sting operation in which an undercover officer posed as a potential investor and gathered information about how the ring operated.

Casino Listings will update this story as more developments arise.

About the author

Dustin Jermalowicz // News Editor
Dustin Jermalowicz
Dustin has a long-standing passion for gambling. He has been writing professionally on the subject and breaking industry news for Casino Listings since 2011. His favorite casino games include Blackjack, Poker, and Hi/Lo. A proud native of Detroit, Dustin currently lives in Michigan.