David Carruthers – BetonSports
If you think that being the CEO of a big time gaming company is all corporate jets and seven-figure checks, you might want to have a chat with David Carruthers.
As the CEO of BetonSports, he was the target of an investigation by the US Department of Justice (who else?) back in 2006. The DOJ caught up with him in Dallas and charged him with slew of Wire Act violations.
After a lengthy court battle, Carruthers entered a plea deal and did serve time in an American prison (as well as a lengthy house arrest at an unnamed hotel). He’s a free man today, but he serves as a cautionary tale about challenges of running an online gaming company.