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Attorney Sentenced for Role in Internet Gambling Ring

25 August 2003

MADISON, Wisconsin – As reported by the Associated Press: "A Florida attorney convicted of felony charges stemming from an Internet gambling ring run via a computer from a South American island was sentenced to five years in prison Friday and fined more than $1 million.

"David Hampton Tedder, 56, of Winter Park, Fla., was one of eight people indicted in U.S. District Court for his alleged role in Gold Medal Sports, an online betting service based in Wisconsin but operated from the Dutch Netherland Antilles.

"…Prosecutors say Tedder created shell corporations and offshore bank accounts for Gold Medal subsidiaries to help Gold Medal owner Jeff D'Ambrosia, of Henderson, Nev., hide his ownership interest in the company…"

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