Saturday May 2,2015 : ILLEGAL ONLINE SPORTS BETTING RING BUSTED IN SAN DIEGO
Three plead guilty to RICO offence.
The US Attorney's Office in San Diego has advised in a press release that local brothers Jan and Erik Portocarrero and Joseph Barrios have pleaded guilty to racketeering conspiracy charges involving an illegal international sports-gambling ring that made millions of dollars.
Prosecutors said that the brothers ran an Internet and telephone gambling enterprise called "Macho Sports" for more than a decade from offices in Lima, Peru. Barrios was a major bookmaker for the operation.
Authorities say the company took bets from customers throughout California, strong-armed debtors and laundered proceeds.
An FBI investigation began in 2011 and led to 18 arrests in Los Angeles, San Diego and Norway, where Erik Portocarrero lived.
Authorities seized $12 million in assets that the defendants have agreed to forfeit.