San Diego Illegal SportsBetting Ring Busted

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.