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Operators of Handa Lopez, Defunct Gaming Software Firm, Indicted in California19 June 2000SAN JOSE, CALIFORNIA - June 15, 2,000 - As reported by the San Jose Mercury News: "A federal grand jury in San Jose on Wednesday indicted the operators of a Silicon Valley-based online casino that allegedly netted millions of dollars in wagers from cyber-bettors. "The two-count indictment charges David Brown, 45, of Gilroy, and Raymond Clark, 46, of British Columbia, with violating federal gambling laws through the Las Vegas-style Web sites they established between 1996 and last year. Brown also was charged with tax evasion for allegedly failing to report more than $330,000 in income in 1997. . . . "The investigation into the online casino operation surfaced last year, when federal prosecutors filed a lawsuit seeking to seize Brown's $1 million house . . . alleging it was purchased with proceeds from an illegal betting venture. . . . "The indictment alleges that Brown and Clark processed at least $6 million in credit card transactions through as many as 17 gaming Web sites. The earlier lawsuit alleged that the gaming venture took in $30,000 in profits per day before it shut down last year." Brown and Clark ran Handa Lopez, which provided gaming software for online casinos. |