BetOnSports gambling Web site founder Stephen Kaplan was arrested late on Wednesday in the Dominican Republic, a US federal prosecutor said.
US Attorney Catherine Hanaway is prosecuting a case against BetOnSports PLC in St. Louis, Missouri, federal court.
Kaplan is named in the 22-count criminal case as the company's top official. Hanaway said Kaplan was arrested at a hotel in Santo Domingo by the Dominican National Police, the US State Department and the FBI.
"This was a worldwide search and thanks to the assistance of many law enforcement agencies, this fugitive will soon be back in St. Louis to face the charges against him," Hanaway said in a statement.
BetOnSports chief executive David Carruthers remains under house arrest in a suburb of St. Louis.
He was arrested in July, shortly after Hanaway unsealed the criminal indictment against the London-based company, which is publicly traded.
The case has been closely watched by the online gambling industry, which generates about US$6 billion annually in the US.
A BetOnSports spokesman did not return a phone call seeking comment on Friday.
The indictment charges Carruthers and Kaplan with felony racketeering and fraud.
Law from the Sixties
The charges are filed using a 1960s law known as the Wire Act that prohibits placing bets on sports events over the phone.
Originally designed to crack down on mobsters, the law has become a tool for US prosecutors to charge offshore Internet gambling operations.
Hanaway's office and BetOnSports reached a settlement in November that permanently bars the company from accepting any bets from gamblers in the US.
While the settlement ended a civil case Hanaway filed against BetOnSports, it has no effect on the criminal case.
The federal indictment against Kaplan alleges that he founded an illegal gambling operation in New York in 1992.
After being caught, he moved his operation overseas and opened BetOnSports offices in Costa Rica between 1996 and 1997, according to the indictment.
In an interview last summer, Hanaway said that Kaplan and others in the online gambling business purposely structured their companies to make prosecution more difficult.
NO VIRUS BLUES: A SEMI Taiwan official said that the virus does not slow down the global semiconductor industry’s investment in manufacturing equipment The production value of the nation’s semiconductor industry is expected to grow 16.7 percent this year from last year, outpacing the global industry’s 3.3 percent growth, industry association SEMI said yesterday. That would help Taiwan safeguard its second spot in the global semiconductor market with a production value of more than NT$3 trillion (US$102.73 billion), SEMI Taiwan president Terry Tsao (曹世綸) told a media briefing in Taipei for the Semicon Taiwan trade show beginning today. The global semiconductor industry’s production value is expected to increase to US$426 billion this year, SEMI said. In terms of semiconductor equipment investment, equipment billings from Taiwanese firms
Intel Corp has received licenses from US authorities to continue supplying certain products to Huawei Technologies Co (華為), a company spokesman said yesterday. Washington has been pushing governments around to world to squeeze out Huawei, saying that the telecom giant would hand data to Beijing for espionage. From Monday last week, new curbs have barred US companies from supplying or servicing Huawei. This week, the state-backed China Securities Journal reported that Intel had received permission to supply Huawei. China’s Semiconductor Manufacturing International Corp (SMIC, 中芯國際), which uses US-origin equipment to make chips for Huawei and other companies, last week confirmed that it had sought
Taipei Times: When do you think the hospitality industry can return to how it was before the COVID-19 pandemic? How does Formosa International Hotels Group (FIH, 晶華酒店集團) fare this quarter and beyond? FIH chairman Steve Pan (潘思亮): The virus outbreak will have a serious impact on business travel, driven mainly by meetings, incentive travel, conferences and exhibitions over the past three decades. For the past six months, many businesspeople have grown used to exchanging information on the Internet, where more people can participate. The trend might sustain for three to five years until people are vaccinated and it is safe to
DIGITAL COMMERCE: In 2016, only 2 percent of orders were delivered in Taiwan, but that has risen to 10 percent, Foodpanda Taiwan Co operations director Nick Yu said Online food delivery platforms have seen explosive growth in Taiwan this year, helped by business opportunities related to the COVID-19 pandemic, company executives said at a digital commerce conference in Taipei yesterday. When the threat of COVID-19 kept people from going out to eat, more people experimented with ordering food deliveries online, Foodpanda Taiwan Co Ltd (富胖達) operations director Nick Yu (余岳勳) said. Foodpanda started operations in Taiwan in 2012. “We experienced 5,000 percent growth in the past 24 months,” Yu said. “That’s more than the previous six years combined.” In 2016, only 2 percent of food orders were delivered in Taiwan, but that