Latest News > 11 March 10 - CPS Seized Funds From Illegal Online Casino Business

 

The Crown Prosecution Service (CPS) seized over £1.3 million from a UK couple that had been laundering money through their multi-million pound online casino business that was being operated illegally.

 

Gavin and Louise Lazarus admitted to running a casino business over a two year period with the help of their cousin in Canada. The total amount that was laundered over the 2 year period was roughly £14 million with only £1.3 million seized by the CPS.


All money and asset related to the online casino business have been seized by the CPS. The money was laundered through internet payment services, and they were transferring money from partners that included Golden Palace Casino and distributing the funds to companies in the UK.


It seems to be that they were somehow involved in casino payment processing, because their actions involved Golden Palace, an already established online casino that uses the Playtech casino software, and their is no mention of the name of an actual casino that they were running.





 

 

 

 

 

 

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