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U.S. Government Prepping Case Against Bodog?
20 February, 2009

NEWS

According to a report from forbes.com, the government of the United States is building a case against online gaming company Bodog.

"A federal judge has ordered the forfeiture of nearly $10 million of bank account money linked to Bodog, the once-dominant but illegal under U.S. law Internet gambling site, amid indications authorities are making headway in building a criminal case," said the report.

The accounts in question belong to Edward Courdy and his company ZipPayments, a credit card processing company and a U.S. district court judge (judge Catherine C. Blake) signed an order that would see the government claim $9.67 million of $9.87 million with the remaining $200,000 being returned to Courdy.

Forbes suggests that Courdy and a man named Michael Garone, who saw charges of money-laundering brought against them in September, could be close to a plea bargain deal since the charges were merely filed through court papers and not through a grand jury indictment; the government is also returning some of the forfeited money as well.

Forbes also says that Blake's order gives instructions for when the $200K is to be returned and in addition, neither Courdy or Garone have been asked to post bail or appear in court.

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