Indicted Canadian Denies Ownership

INDICTED CANADIAN DENIES OWNERSHIP

03rd June, 2011 at 08:07:54
Source: http://www.azonlinecasinos.com

Have the feds got the wrong man?

Among the most recent indictments unsealed by federal enforcement agencies is one naming Canadian software specialist David Parchomchuk, and it could be either a wrongful prosecution or a new direction for US law actions against online gambling.

Parchomchuk, of British Columbia, has hired a top lawyer to defend himself against US Attorney and Homeland Security Investigations accusations that he is involved in the ownership of ThrillX Systems, a company named in the indictments as operating an illegal internet betting business.

The software provider claims that consulting on software solutions is the extent of his involvement with ThrillX, raising the question of either a mistaken charge...or the enforcement agencies extending their reach to pursue businesses and individuals beyond the current cash processor or operator range.

The latter clearly has serious implications.

Jeff Ifrah, a respected Washington DC lawyer with expert knowledge of the industry, has been engaged by Parchomchuk and claims that his client is in no way recorded as being part of the ownership structure of ThrillX, or its related operations BetEd or OneUpNetworks.

By indicting a software programmer, Maryland has expanded the definition of who is in the business of gambling," Ifrah noted this week.

Traditionally only operators (most notably poker and sports rather than those running online casinos), processors and their owner/directors have been included in this definition.

Parchomchuk claimed through a representative that he had no reason to believe he could be charged for merely providing technical consulting services to another company.

"As a husband and father I would not have jeopardized my livelihood, or the security of my family, he asserted.

This is a far cry from the claims made in the indictment, which are that ThrillX, Parchomchuk and a second individual, Darren Wright, were engaged in money laundering and that the two men did knowingly and unlawfully conduct, finance, manage, supervise, direct, and own all or part of an illegal gambling business‚EURŠ

The case involves the use by federal investigators of a phony payment system titled Linwood Payment Systems, which lured in firms like ThrillX seeking payment options for online players (see previous reports).

Ifrah says that as yet no date has been set for the trial of Parchomchuk, whom he is representing as an individual distinct from the other Canadian named in the federal indictment, Darren Wright.

Related News Tags:



« News index »



NEKTAN IN DISTRIBUTION DEAL WITH HIGH 5 GAMES

29th March, 2017 at 15:16:22
Significant development for Nektan.

BAAZOV SELLS A THIRD OF HIS DOMINANT STAKE IN AMAYA ONLINE GAMBLING GROUP

08th March, 2017 at 11:38:44
Former CEO sells off 7 million shares worth a total of Cdn 133 million...and still has plenty more at home.

GOOD FULL YEAR PERFORMANCE FROM CHURCHILL DOWNS ONLINE

01st March, 2017 at 14:29:38
But impacted by decline in social casino bookings.

CANADIAN PROVINCE WRITES OFF DEBT INCURRED IN INFAMOUS ONLINE GAMBLING VENTURE (Update)

19th January, 2017 at 08:52:03
Cost to the taxpayer at least Cdn1.5 million, says Auditor General.

WILLIAM HILL OPERATING PROFITS DOWN GBP 30 MILLION IN LATEST FULL YEAR REPORT

09th January, 2017 at 08:59:45
Unfavourable football and horse racing results mar the balance sheet.