With about $24 million already seized from online gaming company Bodog, it looks like the the United States' Internal Revenue Service (IRS) is furthering its investigation.

Bodog provided online gambling services to residents of the U.S. and according to a report, it was an intricate scheme.

"With Internet gambling illegal in the U.S., Bodog, according to U.S. investigators, allegedly found a way to circumvent regulations so as to make payouts to American winners, who make up the bulk of the operation’s customer base," said the Malta Independent

"The scheme involves a foreign payment processor wiring funds for U.S. winnings to an American money processor, which, in turn, distributes winnings by cheque or electronic payment to winners with no indication that the money involved was the proceeds of Internet gambling."

The report goes on to say that the IRS recently filed court documents and according to that paperwork, one of the companies involved in the processing of Bodog's online gambling payments—which is illegal according to America's Unlawful Internet Gambling Enforcement Act of 2006—is Stratham Finance, which lists Bodog founder Calvin Ayre as director and only shareholder.

The court filings say an "unnamed individual" is assisting in the investigation.

" . . . a certain highly placed person at MPS Processing Ltd located in the United Kingdom—gave evidence to the effect that the company he worked for was processing payouts on behalf of Bodog, and that Stratham Finance was the financing company for Bodog."

"Moreover, the individual revealed that MPS Processing had received funds from the Ta’ Xbiex-based Stratham Finance, which would then be transferred to an American money processing company."

The money processing company would then mail out payment according to directions provided from Stratham Finance.