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IRS Targets Belize Accounts in Gambling Investigation

PITTSBURGH, Pennsylvania – As reported by the (Pittsburgh) Post-Gazette: "Federal prosecutors in Pittsburgh have filed papers to seize nearly $5 million from various corporate bank accounts in Belize as part of an ongoing Internal Revenue Service investigation of a gambling business in the Central American nation.

"According to forfeiture documents in U.S. District Court prepared by IRS Agent Richard Schott, the agency is investigating CaribSports & Casino, Carib International and other corporate entities controlled by Jon R. Rogers of Toronto, Ohio; John A. Thorne of Tampa, Fla.; and Peter T. Mowad of the Aliquippa area in Beaver County.

"The government of Belize froze the bank accounts in Belize at the request of the United States in February, but the Supreme Court in Belize has since ordered them unfrozen until prosecutors indicate when they plan to file charges.

"…The forfeiture request is the second filing here in the probe of CaribSports, which takes wagers online or over the phone from bettors in the United States.

"…The new forfeiture request names various corporations through which the three are accused of laundering gambling money and also names others involved, including Mowad's children, Lisa Hoying and Anthony Mowad, who are on the board of a Belizean company controlled by Mowad called Data Tech.

"…The men are also accused of diverting millions in illegal income from CaribSports and a gambling supply company they established in Florida for their own benefit…"

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