This week a Missouri woman plead guilty to running an illegal gambling ring as well as laundering money to the sum of $500,000.
Carol Hazer of Farmington, Missouri plead guilty to the crimes in federal court this week. She admitted to running the gambling ring and then hiding $500,000 she made from it from the IRS. She did this by under reporting the income she made. She had used some of the money she made operating the ring to purchase a house and a car. She was busted after a lengthy investigation by both the IRS and FBI.
Hazer is facing up to 20 years in prison and fines of up to $500,000. Her fate is scheduled to be decided by a judge on January 17th of next year.