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NewsResults 31 - 40 of 152 for scandal. (0.03 seconds)

NY credit union chief accused of embezzling money from fund, spending $3.55M on lottery tickets
The head of the city's oldest credit union embezzled money from the fund for years splurging on millions worth of lottery tickets by submitting bogus invoices for dental work and other expenses, federal prosecutors said Tuesday. Kam Wong, 62, from Valley Stream, L.I., who heads the Municipal Credit Union, allegedly used the ill-gotten gains to purchase some $3.55 million in New York State lottery tickets, according to Manhattan U.S. Attorney Geoffrey Berman. He also obtained numerous other
May 8, 2018, 9:06 pm - Lottery News

The man who cracked the lottery
Crime story: A recounting of the biggest lottery scandal in history The file landed on Rob Sand's desk with something less than a thud. Despite holding the contents of an investigation still open after more than two years, the file was barely half an inch thick. Happy birthday, his boss said. It was not Rob Sand's birthday. His boss, an Iowa deputy attorney general named Thomas H. Miller, was retiring in July 2014 after nearly three decades of prosecuting everything from murder to fraud. H
May 3, 2018, 2:49 pm - Lottery News

Iowa Lottery wins International Gaming-Compliance award for work in lottery rigging investigation
Long-running case culminated in 2017 guilty pleas from three men The Iowa Lottery has won an international gaming-compliance award for its work in the long-running lottery jackpot investigation that uncovered fraud against U.S. lotteries and resulted in guilty pleas from three men. GamblingCompliance on Wednesday named the Iowa Lottery its 2018 recipient for outstanding achievement in compliance. The organization's annual awards that recognize excellence in 11 categories focused on regulat
Apr 19, 2018, 10:29 am - Lottery News

Infamous lottery scammer says US computerized lottery drawings remain fatally flawed
Eddie Tipton warned them. As the head of IT at the Multi-State Lottery Association, Tipton pulled aside his boss and told him the computer software that randomly selected the winning numbers for million-dollar games in as many as 17 states had a terrible flaw. It wasn't really random. Though his boss listened, Tipton told state investigators that other officials with the nation's chief lottery system did not. They told him to fix it, then moved on. A disgruntled Tipton made some upda
Mar 19, 2018, 8:32 am - Lottery News

How a gaming geek with a checkered past pulled off the biggest lottery scam in U.S. history
12-15-18-29-38-41. Eddie Tipton jotted down the numbers on a yellow sticky note as he sat at his desk in Urbandale more than a decade ago. Around him were more sticky notes filled with number sets that he carefully wrote down as they spun up on his computer screen. The numbers were generated by a cryptic two-line software code Tipton had planted in his employer's computer system at the Multi-State Lottery Association. The office building was virtually empty as Tipton ran test after test
Mar 16, 2018, 7:48 am - Lottery News

Lottery scammer rigged more drawings than first thought, records show
The computer program that a former lottery security official used to rig drawings worth millions of dollars in Iowa and other states was more expansive than investigators first discovered, court records filed last week show. Eddie Tipton, a former employee of the Multi-State Lottery Association (MUSL) in Clive, wrote the code to allow him to predict the randomly drawn numbers of multimillion-dollar jackpots in as many as 17 states and claim the cash prizes. The code remained active and und
Feb 19, 2018, 6:03 pm - Lottery News

Former CT Lottery chief pays $11,000 in fines, givebacks
Frank Farricker, the former chairman of the Connecticut Lottery Commission's board of directors will pay a $5,000 penalty and an additional $6,300 restitution to the state as part of a settlement over improper benefits he received while acting president and CEO of the Lottery. In a consent order announced Thursday by the Office of State Ethics, Farricker gave back money he had previously claimed for internet services at his home, high-definition cable TV with HBO and regional sports, personal
Oct 13, 2017, 8:41 am - Lottery News

Winner sues Colorado Lottery 12 years after rigged drawing
A decade after Colorado engineer Amir Massihzadeh hit the lottery, two state agents visited him with stunning news: He was likely the only legitimate winner of a $4.8 million jackpot he'd had to split three ways. They told the Boulder resident that the other two people who had won the 2005 drawing were linked to a conspiracy in which a lottery insider and several cohorts had rigged drawings in several states. Now Massihzadeh, 62, is suing for the rest of the winnings that he feels should have
Oct 5, 2017, 6:57 pm - Lottery News

Lottery rigging mastermind sentenced to 25 years in prison
A former lottery security chief was sentenced to 25 years in prison on Tuesday for rigging the computerized lottery drawings in several states so he could collect the jackpots. Eddie Tipton, former security director of the Multi-State Lottery Association (MUSL), received the maximum sentence from an Iowa judge, who mentioned Tipton's greed in his sentencing. I certainly regret my actions, Tipton told the court. It's difficult even saying that with all the people that I know behind me that
Aug 22, 2017, 4:49 pm - Lottery News

Hot Lotto multi-state lottery game to end in October
By Todd Northrop Hot Lotto, a multi-state lottery draw game currently played in 14 states, will end this October. The final Hot Lotto drawing will be conducted on Saturday, Oct. 28. It is normal practice in the lottery industry to change your gaming mix and keep products fresh in the field. Based on overall performance after 15 years, it was time to make a change, West Virginia Lottery Director Alan Larrick said. The 14 lotteries that offer Hot Lotto are working on new game options that w
Aug 9, 2017, 8:15 am - Lottery News