Alabama man charged with illegal sports betting

 

 ATLANTA – As football season begins, IRS Criminal Investigation (CI) warns sports fans that if they engage in illegal gambling, they will not be able to promote their favorite team or invest funds. It is advised that doing so may lead to criminal charges of various magnitudes. From money laundering to tax evasion. 안전해외토토사이트

"Professional football is the most popular sport in the United States, and this is a good time to focus on the problem of illegal gambling," said Demetrius Hardeman, Acting Special Agent in Charge of IRS Criminal Investigation, Atlanta Field Office. . “Those participating in sports betting should ensure that they are doing so legally and check the relevant laws in their state.” 합법 토토사이트

  From 2021 to 2023, CI will file 100 cases regarding illegal gambling activities The total amount of research conducted was over US$178 million. Of these, he was indicted in 89 cases, and his conviction rate for the cases indicted was 96%. The average sentence for the cases sentenced was 23 months. 토토사이트추천

  In January, 11 people were indicted on 114 counts in connection with the management of a multi-million dollar gambling tax evasion scheme involving an illegal sports betting organization. The charges include approximately $19.8 million in unreported tax evasion by illegal sports betting operators. More than $20 million was seized by CI.

Seven of the defendants are from the Atlanta field office's jurisdiction, which includes Alabama, Georgia, Louisiana, and Mississippi. Timothy J. Pugsley, 51, of Birmingham, is charged with 38 counts of tax evasion, one count of conspiracy to operate an illegal sports betting organization, one count of conspiracy to commit money laundering, and four counts of money laundering. Christopher Burdett, 30, of Chelsea, is charged with six counts of tax evasion, one count of conspiracy to operate an illegal sports betting organization, one count of conspiracy to commit money laundering, and one count of money laundering. Nathanael Burdette, 36, of Birmingham, is charged with six counts of tax evasion, one count of conspiracy to operate an illegal sports betting organization, one count of conspiracy to commit money laundering, and two counts of money laundering. Jonathan Lind, 44, of Birmingham, is charged with six counts of tax evasion, one count of conspiracy to operate an illegal sports betting organization, one count of conspiracy to commit money laundering, and two counts of money laundering. Thomas V Zito, 57, of Vestavia, is charged with six counts of tax evasion, one count of conspiracy to operate an illegal sports betting organization, one count of conspiracy to commit money laundering, and one count of money laundering. Christopher Donaldson, 46, of Trussville, is charged with one count of conspiracy to operate an illegal sports betting organization and one count of conspiracy to commit money laundering. Joshua Gentrup, 36, of Athens, Georgia, is charged with six counts of tax evasion, one count of conspiracy to operate an illegal sports betting organization, one count of conspiracy to commit money laundering, and two counts of money laundering. . The other five defendants are from Colorado, Massachusetts, Nevada, and Tennessee. An indictment contains only accusations. The defendant is presumed innocent until proven guilty.

Individuals who engage in sports gambling must report winnings on their annual tax returns using Form W-2G. Additionally, the IRS recommends that individuals keep detailed records of all gambling transactions, including amounts wagered, winnings received, and losses incurred. If you are a sports enthusiast and have questions about your tax obligations or reporting your gambling income, please consult your tax advisor or visit the official IRS website for advice. Ignorance of tax laws does not absolve you of personal liability. For more information on reporting gambling income and other tax-related inquiries, visit IRS.gov. Atlanta Field Office covers Alabama, Georgia, Louisiana, and Mississippi. IRS CI is the criminal investigation division of the IRS and is responsible for investigating financial crimes, including tax evasion, drug trafficking, money laundering, public corruption, health care fraud, and identity theft. The IRS-CI Special Agent is the only federal law enforcement officer responsible for investigating Internal Revenue Code violations, and she achieves a federal conviction rate of over 90%. The agency has 20 field offices across the U.S. and 12 resident positions overseas.