Bradley Franzen, one of the people who operated the online payment processors, has pled guilty to money laundering and aiding unlawful Internet gambling. He cut a deal to talk. Can’t blame the guy – he faces more than twenty years in prison, though likely will get far less in exchange for his plea and cooperation. (Even though pleading guilty to a federal indictment is far less forgiving than the movies make it out to be or pleading guilty to a state indictment usually is.) If I’m one of the other 10 indicted people, I’d be pretty nervous though. The Feds doesn’t cut deals out of the goodness of its heart. More dominoes likely will fall soon.
Search
