Friday November 1, 2013 : LEGENDS DEFENDANT ADMITS TO MONEY LAUNDERING
$8 million went through female employee's hands.
Michele Lasso-Barraza, a thirty-year-old employee of the shutdown online sports betting group Legends, has pleaded guilty in a New York federal court to laundering $8 million accrued by the company in illegal online betting.
Originally from Panama, Florida resident Lasso-Barraza entered her plea through a video feed and will be sentenced on February 28 next year. Prosecutors allege that she transferred the money from the illegal gambling business to offshore accounts using sham entities.
The alleged leader of the Legends sports betting ring, 52-year-old Philip Gurian of Boca Raton, Florida pleaded guilty last month to money laundering and will be sentenced on February 6 2014.
The two Legends employees were among almost three dozen arrested following a long-running federal investigation that culminated in widespread police actions.