Tag: Not Guilty
Absolute Poker Founder Returns to US and Pleads Not Guilty
The founder of what had been one of the largest online poker websites agreed on Thursday to confront U.S. charges stemming from a long-running criminal case targeting internet firms like his operating illegally in the United States. Scott Tom, who founded Costa Rica-based Absolute Poker, pleaded not guilty in Manhattan federal court to charges he violated a federal internet gambling law and engaged in a money-laundering conspiracy. Tom, a citizen of Saint Kitts and Nevis who lived in Antigua, arrived in the United States voluntarily from Barbados on Thursday to face the charges, prosecutors said. He was released on a…
Amaya CEO Pleads Not Guilty to Insider Trading
David Baazov, the embattled CEO of Canadian online gambling company Amaya Gaming, has pled not guilty to the insider trading charges filed against him in March. On Monday, Quebec securities regulator Autorité des marchés financiers (AMF) confirmed that Baazov (pictured), two other individuals and three companies had formally filed written pleas of ‘not guilty’ to their combined 23 insider trading charges, each of which carries a maximum fine of up to $5m and up to five years in prison. AMF spokesman Sylvain Theberge told the Canadian Press that the guilty pleas had been received over the past couple weeks and…