Calvin Ayre INDICTED

We’ve just learned that Bodog founder and gambling magnate Calvin Ayre was indicted Tuesday morning, following the seizure of the Bodog.com domain name by federal prosecutors Monday night.
Update: We’ve gotten our hands on the actual indictment! View the Calvin Ayre indictment here!
The charges? Operating an illegal gambling business and conspiring to commit money laundering.
In a report from Forbes, the indictment alleges that Calvin Ayre worked with James Philip, David Ferguson and Derrick Maloney to run an illegal gambling business from June 2005 to January 2012. The indictment is centered around the group moving funds across international territories, from Switzerland and England to Malta and Calvin’s home country, Canada. They also allegedly hired media resellers and advertisers to promote Internet gambling.
Bodog Entertainment Group is also being accused of working with payment processors located both in the US and other international locations. JBL Services, which processed more than $43 million and ZipPayments, which processed more than $57 million, are the payment processors accused of working with Bodog.
UPDATE: We’ve gotten our hands on the Calvin Ayre indictment! View the Calvin Ayre Indictment here!

 
NEW UPDATE: According to the Baltimore Sun, a former Bodog employee may have been the tip off to the investigation. Prosecutors say the employee identified Bodog’s top level officers and directors, in addition to giving the rundown on the Bodog operations in Canada and Costa Rica.
UPDATE: Bovada.lv, the branch of the Bodog brand that services US players, is still up and running.
UPDATE: According to CalvinAyre.com, Calvin himself has released a statement. “I see this as abuse of the US criminal justice system for the commercial gain of large US corporations. It is clear that the online gaming industry is legal under international law and in the case of these documents is it also clear that the rule of law was not allowed to slow down a rush to try to win the war of public opinion,” he said.
More updates to follow, but for now, read the fine print on the indictment.