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August 16, 2006 at 8:32 pm #596304AnonymousInactive
Former online gambling exec. makes bail
By CHRISTOPHER LEONARD
AP Business Writer
Business WeekFormer online gambling executive David Carruthers was freed on a $1 million bond Wednesday after spending nearly a month behind bars following his arrest on racketeering and fraud charges.
Carruthers, 48, was freed after a hearing before U.S. District Judge Mary Ann Medler. He had been expected to be released as early as Monday but it took days to work out technical details. Among those details: A dedicated phone line had to be installed at the residence where he will stay.
The charges against Carters are part of a 22-count indictment against London-based BetOnSports PLC being prosecuted by U.S. Attorney Catherine Hanaway in St. Louis. Carruthers was chief executive of the company until shortly after his arrest, when he was fired.
The case is one of the largest U.S. prosecutions of an online gambling company and has caused BetOnSports to close all of its U.S.-focused operations. It has caught the attention of the online gambling industry.
Early Wednesday morning, Carruthers entered Medler’s courtroom in leg irons and handcuffs, escorted by a security guard. Carruthers sat alone at a table and declined to speak with The Associated Press.
Carruthers, a British citizen, will live under house arrest in the St. Louis area until his trial on fraud and racketeering charges. The first hearing in the trial is scheduled for Aug. 21.
According to the terms of his bond, Carruthers will live in an upscale hotel in the suburb of Clayton. He will not be allowed to leave the hotel except for court appearances, meetings with his attorney or medical emergencies. Carruthers will wear an ankle bracelet to monitor his whereabouts.
Full Story: http://www.businessweek.com/ap/financialnews/D8JHMUBG0.htm?sub=apn_tech_down&chan=tc
Best Regards,
August 16, 2006 at 8:39 pm #702379AnonymousInactiveThanks for posting, Mark.
I am so glad for David.
He doesn’t deserve any of this and I am sure he is just relieved to have a nice bed and a decent meal and some peace and quiet tonight.
Go David!
August 17, 2006 at 9:09 am #702450AnonymousInactiveOne MILLION dollar bail… isn’t the bail supposed to fit the crime, and be fitting to the defendants likelyness to reoffend, danger to the community and stuff like that.. that looks like a slading scale bale to me!
~LadyH
August 17, 2006 at 9:32 am #702452AnonymousInactiveStupid ass legal system. Let’s lock up a guy who made money by being smart and competitive. Make sure he has leg irons and cuffs, because he made lots of money on the internet.
Isn’t this type of treatment reserved for violent criminals? Of course not, because our government refuses to distinguish further than Felonly, Gross Misdemeanor and Misdemeanor. It makes me sick that my tax dollars pay for this shit.
Not Guilty :dajudge:
August 17, 2006 at 12:10 pm #702478AnonymousInactiveI may go down to Clayton and toss him a high 5! These bible thumpers need less power, they really do need to go chase the real theives and real sinners……..
August 21, 2006 at 2:04 am #702800AnonymousInactiveThe next event is tomorrow (Monday 21st) with the initial evidentiary hearing which is going to be interesting.
(Coverage here: http://www.freedavidcarruthers.com/?p=12 )
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http://www.casinoaffiliateprograms.com/bb/showthread.php?p=82671&posted=1#post82671August 22, 2006 at 4:39 pm #703101AnonymousInactiveThe latest news on David’s case:
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