This week a 53 year old man in Singapore was one of 49 people arrested in an organized crime crackdown, but what's interesting is that he's thought to have made $17 million by running an illegal gambling ring.
Seet Seo Boon was arrested by police in the Asian country this week and will be prosecuted under the Organized Crime Act. He is thought to have made $17 million through the ring, which ran illegal lotteries as well as internet betting operations. He, along with five other defendants associated with the ring were charged, and more than $25 million in assets were also seized.
Others charged in the case include See Chye Huat, Or Poh Soon, Lim Poi Hwa, Seah Ee Lam, and Toh Hock Chye, all of whom are suspected of receiving and facilitating illegal gambling transactions.
If any of the defendants are found guilty, they face up to five years in jail and fines of up to $100,000.