Australian national Daniel Tzvetkoff has been arrested by US authorities over alleged money laundering and facilitating online gambling payments to casinos. Tzvetkoff is known for his online gambling funds company Intabill Inc and was working for casinos to cover up payment processes between gamblers and the online casinos, thinking that the government would never be able to disclose the illegal operation.

Tzvetkoff’s operation eventually undid itself when the casinos started to complain to US authorities when his company would be used to transact money and the money would then disappear. The estimated sum of money disappearing is over $100 million, which on paper is only a small proportion of the funds that the company was contracted to transfer. If convicted, Tzcetkoff faces up to seventy five years in jail with charges including gaming conspiracy, money laundering conspiracy, bank fraud conspiracy, and one count of money laundering.

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