Manne wrote:
Daniel Tzvetkoff gained the trust of many online gambling websites when the Australian became heavily involved with payment processing for the online sites. That was until his business went bad, leaving the sites out millions of dollars.
Tzvetkoff was arrested in Nevada by US authorities and was charged with money laundering and a series of other crimes. The US contends that the former high profile businessman helped launder over $500 million. The US has started to crack down on the processors involved with online gambling sites, and Tzvetkoff may be a key to more arrests.
The details behind Tzvetkoff's release are not available for the public to see. This has led to speculation that the industry insider may be cooperating with US authorities as they continue to crack down on Internet gambling related crimes. Tzvetkoff could be facing a severe sentence due to the amount of money that was allegedly laundered.
The Unlawful Internet Gambling Enforcement Act went into affect back in June, and although the law does not criminalize actually placing bets online, it does target those who process the payments. The law requires financial institutions to deny payments to online gambling sites.
Many sites continue to operate in the US despite the attempt by the government to stop Internet gambling. Many lawmakers in the current administration believe the UIGEA is an ill-advised law, and have taken steps to overturn the law. In the meantime, the US has made several high profile arrests in the past year.
The targets of law enforcement have been the processors. Douglas Rennick, from Canada, was arrested and charged with racketeering almost $400 million. Rennick is waiting on sentencing later this month.
PartyGaming, one of the world's largest online gambling operators, settled their legal differences last year stemming from business they had conducted in the US. PartyGaming is hoping that if the laws change, they will be able to gain a license to operate under a regulated system in the country.
:dirol
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2008/11/07
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145
Wyclef who announced his interest in running for president of Haiti in August, did not qualify due to him not meeting the proper residency requirements. If anyone is to run for president of Haiti, they must reside in the country for at least five years.
The problem started when Sean Penn made certain comments during a CNN interview with Larry King where the actor expressed his feelings about Wyclef running for president. He referred to Wyclef’s campaign as being “about a vision of flying around the world, talking to people.” He also touched on his feelings about Wyclef’s Haitian Charity where over $400,000 which was donated went missing or was mishandled.
His next comment was made to the Huffington Post where he criticized the singer for being absent after the January Haitian earthquake. "None among us felt or expressed anger toward it, but rather a universal sadness for his silence, as he is America's most admired cultural link to Haiti," the actor wrote.
Needless to say that those comments led to Wyclef’s recent backlash during a Hot 97 concert where he openly sang "I got a message for Sean Penn: Maybe he ain't see me in Haiti because he was too busy sniffing cocaine," he sang.
As for Sean Penn, his rep released a comment saying that Wyclef isn’t aware of the physical demands of the life of a Haitian volunteer and that Sean’s volunteer organization has a zero tolerance policy on illicit drug use. He also commented on Mr. Jean’s comments being reckless and saddening, but not surprising.
So it seems that Wyclef took the comments to heart and made a fool out of himself by responding to criticism foolishly. His comments let the world know that he probably wasn’t quite ready to take on the challenge of running for president.
:dirol