The accused ringleader of an illegal web gambling business who laundered millions in proceeds was sentenced Tuesday to three years of supervised release, the Associated Press reported.
Philip Gurian received credit for time served and was ordered to pay a $100,000 fine for “conspiracy to launder money.” The sentence was handed down in the state of New York.
According to the report, Gurian laundered at least $8 million through a co-defendant. The latter was sentenced earlier this month to probation. She was also detained by immigration officials for deportation to Panama.
The judge said that the $8 million to $10 million Gurian forfeited is “just the tip of the iceberg.” The report said that wire taps caught Gurian boasting that he made $150,000 a day from the unlawful activity.
There were other stipulations as part of his sentencing. Gurian is also forced to file tax returns from 2009 to 2012. Gurian said he is planning on writing a book.
The state of New York is taking a look at legalized online gambling, but only for businesses that are licensed one day. A handful of brick-and-mortar casinos are scheduled to pop up in the Empire state in the coming years, thanks to a law approved last year.
