PartyGaming Founder to Forfeit $300M in Web Gambling Case

Authored by Mark Hefflinger on December 17, 2008 - 10:20am.

New York - Anurag Dikshit, a founder and former officer and director of PartyGaming, an Internet gambling business, has pled guilty in Manhattan federal court to charges that he used the wires to transmit in interstate and foreign commerce bets and wagering information.

As part the agreement, Dikshit has agreed to pay the government $100 million at the time of the signing of his plea agreement; another $100 million within 3 months of the date of his guilty plea; and the final $100 million prior to his sentencing or September 30, 2009, whichever is earlier.

Dikshit has already paid the first $100 million installment.

From about 1997 through October 2006, PartyGaming operated an Internet gambling business which offered casino and poker games.

 

Related Links:
http://snipurl.com/8p3ld

http://www.partygaming.com

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