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Gary Kaplan

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Gary Kaplan


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Gary Kaplan (born on January 5, 1959 in New York) was the founder of BetonSports.com (BoS), an online sports betting company which between 2002 and 2004 took in wagers amounting to nearly $4 billion, 98 percent of which came from the United States. In 2004 BoS went public on the London Stock Exchange.

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On July 17, 2006 the United States Attorney for the Eastern District of Missouri office, citing the Federal Wire Act of 1961, which prohibits the use of a wire communication facility to transmit bets across state or foreign borders, issued a 22 count indictment for Gary Kaplan and eight others, including David Carruthers. Other violations noted in the indictment included Racketeer Influenced and Corrupt Organizations Act, interstate transportation of gambling paraphernalia, interference with the administration of Internal Revenue Service laws and tax evasion. Nine months later he was arrested in the Dominican Republic and Interpol transferred him to U.S. custody.

In April 2009, Carruthers reached a plea bargain with prosecutors in exchange for a reduced sentence. Carruthers has agreed to cooperate with authorities and testify against Kaplan and others still facing charges.

In August 2009, Kaplan reached a plea deal with authorities. He has been sentenced to 4 years in jail

He is married and father of two children.

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References

Gary Kaplan Wikipedia