Welcome Guest
Log In | Register )
You last visited December 9, 2016, 9:55 pm
All times shown are
Eastern Time (GMT-5:00)

Offshore gambling site laundered $2 million in Amazon gift cards, Feds say

Online GamblingOnline Gambling: Offshore gambling site laundered $2 million in Amazon gift cards, Feds say
52
Rating:

The operators of an offshore gambling website that accepts online lottery wagers used Amazon gift cards to launder nearly $2 million over the past few years, a Department of Homeland Security investigator alleged in a recent application for a seizure warrant filed in the U.S. District Court in Philadelphia.

The filing alleges that the Costa Rica-based gambling site, 5Dimes, instructed U.S. customers to use Amazon gift cards to fund their 5Dimes online gambling wagers, in an effort to skirt the U.S. financial system. The feds say 5Dimes also paid out winnings to U.S. customers in Amazon gift cards, or in merchandise they picked out on Amazon.com.

"[T]he investigation has determined that 5Dimes has developed an alternative to the traditional online financial payment methods, which is unavailable to 5Dimes under federal law, in order to operate its illegal betting operation in the U.S.," the document reads. "This illegal alternative relies on the use of [Amazon gift cards], in violation of Amazon's terms of service."

The Homeland Security warrant application makes the case to seize a total of $159,000 spread among 15 Amazon accounts believed to be tied to 5Dimes. Over the years, the Amazon accounts, which bear names such as GC Lover and Blue Iguana, have held nearly $1.9 million in funds combined. Amazon has shut down the GC Lover account, according to the filing.

5Dimes does not charge a fee for bettors who fund their accounts with Amazon gift cards. The company has instructed bettors to purchase these gift cards at a traditional retail store, in cash, and email a photo of the card information along with a receipt. The gambling site also offers bettors a 10 percent bonus if they choose to receive their winnings in the form of Amazon gift cards added to their Amazon account.

The company also used the gift cards to purchase merchandise, such as 100 office chairs and 50 custom sweatshirts silkscreened with the 5Dimes logo, the application says.

An Amazon spokesman declined to comment. The betting site did not respond to a message sent to a company email account.

re/code, Lottery Post Staff

We'd love to see your comments here!  Register for a FREE membership — it takes just a few moments — and you'll be able to post comments here and on any of our forums. If you're already a member, you can Log In to post a comment.

98 comments. Last comment 7 months ago by chrissy16.
Page 1 of 7
mypiemaster's avatar - 2015021003pileofcash
JACKPOT HUNTER

United States
Member #141034
April 2, 2013
1409 Posts
Offline
Posted: March 15, 2016, 8:24 pm - IP Logged

This is rather silly. Don't the feds have anything better to do?. Thumbs Down

Seek and ye shall find -Matt. 7:7 ...Ask and ye shall receive -John 16:24 ...Give and it shall be given unto you -Luke 6:38 ...Be careful what you ask for!!! -Mypiemaster 1:1

Having Money Solves Problems That Not Having Money Creates Yes Nod ****John Carlton****

    MzDuffleBaglady's avatar - Lottery-018.jpg

    United States
    Member #81314
    October 16, 2009
    19000 Posts
    Offline
    Posted: March 15, 2016, 8:45 pm - IP Logged

    Interesting.

    The Struggle is real!

      Avatar
      backwoods ga
      United States
      Member #155844
      May 31, 2014
      1894 Posts
      Online
      Posted: March 15, 2016, 8:56 pm - IP Logged

      This is rather silly. Don't the feds have anything better to do?. Thumbs Down

      Very silly.   They hating

      my name Lil Darryl   you got some Milk

        Avatar
        Hampton Roads
        United States
        Member #114679
        August 5, 2011
        467 Posts
        Offline
        Posted: March 15, 2016, 9:06 pm - IP Logged

        Very silly.   They hating

        You on point Lildarryl. It's always something.

        LUCKYDOC,

         

         

          ohiopick3's avatar - Lottery-063.jpg
          Ohio
          United States
          Member #3023
          December 14, 2003
          4166 Posts
          Offline
          Posted: March 15, 2016, 9:21 pm - IP Logged

          Hmm? Does not look good for them. If I bet off shore, I would expect cash, not gift cards.

          They will be under the microscope now. I have never bet off shore in the past and do not plan on it.

          Plenty to do in the State of Ohio for me any ways at this time.

          US Flag

            Avatar
            Albany, GA
            United States
            Member #100611
            November 15, 2010
            10164 Posts
            Offline
            Posted: March 15, 2016, 9:22 pm - IP Logged

            Very silly.   They hating

            Was bound to happen sooner or later. That's why I never used this service. Was never willing to chance having to forfeit any money that I might happen to have in one of their accounts that might be subject to government seizure or operator theft.

              picktowin's avatar - Lottery-034.jpg
              wisconsin
              United States
              Member #49379
              January 28, 2007
              2356 Posts
              Offline
              Posted: March 15, 2016, 10:13 pm - IP Logged

              I always thought it was a scam.

              I win I know I can go to store and get my money.

              Why should I wait for my money and also can't get what you win all at once.

              Sure sounds like a scam to me.

              Can't believe people are so stupid to even do it online !!

                Avatar
                Kentucky
                United States
                Member #32652
                February 14, 2006
                7321 Posts
                Online
                Posted: March 15, 2016, 10:47 pm - IP Logged

                "in order to operate its illegal betting operation in the U.S"

                Our U.S. LP members who claim they can wager 25 cents and collect $900 to $1 never said their winnings are paid in Amazon gift cards.

                  Avatar
                  backwoods ga
                  United States
                  Member #155844
                  May 31, 2014
                  1894 Posts
                  Online
                  Posted: March 15, 2016, 10:52 pm - IP Logged

                  most lp members who preach all states.  Who predict all states. Play Allstate's. Use 10nickels    You have options for deposit and withdrawals.   Lp is based out of NJ USA. But has worldwide members.   Me personally I'd never want a Amazon Gift Card.  Give me the moolah.   

                  my name Lil Darryl   you got some Milk

                    Avatar
                    South Carolina
                    United States
                    Member #18322
                    July 9, 2005
                    1707 Posts
                    Offline
                    Posted: March 15, 2016, 11:22 pm - IP Logged

                    most lp members who preach all states.  Who predict all states. Play Allstate's. Use 10nickels    You have options for deposit and withdrawals.   Lp is based out of NJ USA. But has worldwide members.   Me personally I'd never want a Amazon Gift Card.  Give me the moolah.   

                    I assume 10nickels is a JOKE !!! LOL 

                    This offshore online gambling company that offers casino and lottery gambling is SHADY, SHADY, SHADY !!!  Mad

                    I'm surprised TODD even wrote an article about this company !!! Eek

                    We are not supposed to mention the company in this article on LP !!!  LP Members who use this company's services to play online, should view their illegal activities as a RED FLAG, that the company's days are probably numbered !!!  It would be a WISE IDEA for LP Members to CLOSE their ACCOUNTS with this company, and SUSPEND ALL ONLINE GAMBLING through this offshore company, before it is too late and you lose all of the remaining money in your account !!!  This company IS NOT LEGALLY OBLIGATED to REFUND you any money whatsoever from your account, or PAY YOU for any WINNINGS, and you have NO LEGAL RECOURSE against them !!!  No Nod

                    GET OUT NOW  !!!  Chair

                     

                    Focus on playing the lottery in your own state legally !!! Yes Nod

                      rcbbuckeye's avatar - Lottery-043.jpg
                      Texas
                      United States
                      Member #55889
                      October 23, 2007
                      5615 Posts
                      Offline
                      Posted: March 15, 2016, 11:33 pm - IP Logged

                      I assume 10nickels is a JOKE !!! LOL 

                      This offshore online gambling company that offers casino and lottery gambling is SHADY, SHADY, SHADY !!!  Mad

                      I'm surprised TODD even wrote an article about this company !!! Eek

                      We are not supposed to mention the company in this article on LP !!!  LP Members who use this company's services to play online, should view their illegal activities as a RED FLAG, that the company's days are probably numbered !!!  It would be a WISE IDEA for LP Members to CLOSE their ACCOUNTS with this company, and SUSPEND ALL ONLINE GAMBLING through this offshore company, before it is too late and you lose all of the remaining money in your account !!!  This company IS NOT LEGALLY OBLIGATED to REFUND you any money whatsoever from your account, or PAY YOU for any WINNINGS, and you have NO LEGAL RECOURSE against them !!!  No Nod

                      GET OUT NOW  !!!  Chair

                       

                      Focus on playing the lottery in your own state legally !!! Yes Nod

                      LOL.

                      I'll say this destiny. With the color font and bold print, and exclamation points, you have a flair for drama.

                      CAN'T WIN IF YOU'RE NOT IN

                      A DOLLAR AND A DREAM (OR $2)

                        Groppo's avatar - cat anm.gif

                        United States
                        Member #162631
                        January 7, 2015
                        506 Posts
                        Offline
                        Posted: March 15, 2016, 11:58 pm - IP Logged

                        LOL.

                        I'll say this destiny. With the color font and bold print, and exclamation points, you have a flair for drama.

                        For me, the only lotto gambling consists of going to my local store, and buying my lotto tickets, where they must be printed before my eyes.

                        That's it, nothing else. There is just too much of this or that corrupt thing going on.

                        • Don't chase the numbers you play.
                        • Play only numbers you've already played, plus however many random picks.
                        • But, ALWAYS the regular numbers you play.  This will make you a winner, not a chaser.
                                  (so far, though, I've yet to win any significant lotto prize)
                          dr65's avatar - black panther.jpg
                          Pennsylvania
                          United States
                          Member #74096
                          May 2, 2009
                          22968 Posts
                          Offline
                          Posted: March 16, 2016, 12:07 am - IP Logged

                          They'll confiscate records and track down players. They'll have a few bones to pick with them.

                          Authorities in charge of tracking down people who ordered their tax free tobacco products

                          online made sure purchasers were identified and billed for the amount due. I know of some-

                          one who got a $3,000 bill.

                            Avatar
                            Albany, GA
                            United States
                            Member #100611
                            November 15, 2010
                            10164 Posts
                            Offline
                            Posted: March 16, 2016, 12:16 am - IP Logged

                            I assume 10nickels is a JOKE !!! LOL 

                            This offshore online gambling company that offers casino and lottery gambling is SHADY, SHADY, SHADY !!!  Mad

                            I'm surprised TODD even wrote an article about this company !!! Eek

                            We are not supposed to mention the company in this article on LP !!!  LP Members who use this company's services to play online, should view their illegal activities as a RED FLAG, that the company's days are probably numbered !!!  It would be a WISE IDEA for LP Members to CLOSE their ACCOUNTS with this company, and SUSPEND ALL ONLINE GAMBLING through this offshore company, before it is too late and you lose all of the remaining money in your account !!!  This company IS NOT LEGALLY OBLIGATED to REFUND you any money whatsoever from your account, or PAY YOU for any WINNINGS, and you have NO LEGAL RECOURSE against them !!!  No Nod

                            GET OUT NOW  !!!  Chair

                             

                            Focus on playing the lottery in your own state legally !!! Yes Nod

                            Good advice, if not too late already....