Re: Has Betonsports actually begun paying?
BetonSports makes mockery of US Justice Department: Clive Archer flees Costa Rica[/FONT][/COLOR] BetonSports through its legal representation is required to return all funds owed to players after finalizing a deal with the US government. Yet to date, the company has closed down its phone lines and no customers are being paid.[/FONT][/COLOR][/SIZE]
Meanwhile, reports from Costa Rica have Operations Manager and Board of Director Clive Archer fleeing the country claiming he was going to look for some money. He has not been seen or heard from since.[/FONT][/COLOR][/SIZE]
[FONT='Trebuchet MS',Verdana,Helvetica,sans-serif]Antsy players continue to contact Gambling911.com in an effort to get paid. We have advised all customers who are owed to get in touch with the US Attorney's Office out of St. Louis at this time to make them aware of what is transpiring with BetonSports.[/FONT]
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[FONT='Trebuchet MS',Verdana,Helvetica,sans-serif]Not all the employees have been paid either. Sources in Costa Rica have told Gambling911.com that some of those affected plan on suing Lord Glentoran's estate. Glentoran served on the Board of Directors and is a non-executive director of BETonSPORTS is none other than a peer of the House of Lords, The Lord Glentoran. Lord Glentoran is also shadow minister for Northern Ireland. [/FONT][/FONT]
[FONT='Trebuchet MS',Verdana,Helvetica,sans-serif]BetonSports, the London-based online gambling firm enmeshed in a legal maelstrom with the Department of Justice (DoJ), agreed two weeks ago to a permanent injunction barring the company from doing business in the United States.
The agreement settles a 22-count civil suit filed this summer by U.S. Attorney Catherine L. Hanaway against BetonSports.
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[FONT='Trebuchet MS',Verdana,Helvetica,sans-serif]The settlement requires BetonSports to refund any balances in U.S. bettors' accounts as of July 17 and to operate a toll free telephone service to provide refund information.
In addition, BetonSports must place a full-page ad in nationally circulated newspapers advising readers the company no longer accepts bets from the U.S. and providing refund information, including the toll-free number. [/FONT][/FONT]
[FONT='Trebuchet MS',Verdana,Helvetica,sans-serif]Those close to BetonSports claim the company is broke. They had been selling off assets such as furniture. It is not known where any of the company's claimed revenue has gone.[/FONT]
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[FONT='Trebuchet MS',Verdana,Helvetica,sans-serif]Christopher Costigan, 2006 Week 12 NFL betting odds, Betting on the 2006 2007 NBA Basketball, Odds to Win the 2007 Super Bowl [/FONT]
[FONT='Trebuchet MS',Verdana,Helvetica,sans-serif]Originally published November 21, 2006 [/FONT]
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