55741
49736
S&P/TSX
16133.80
-10.99
(-0.07%)
S&P-CDNX
781.02
-6.83
(-0.87%)
S&P-500
2733.29
+8.85
(0.32%)
NASDAQ
7425.96
+47.50
(0.64%)
Dow
24886.81
+52.40
(0.21%)
Dollar
0.77888
+0.00015
(+0.01869%)
Oil
71.95
+0.11
(+0.15%)
Gold
1293.30
+0.30
(+0.02%)
Silver
16.475
+0.005
(+0.03%)


Florida's gamble scandal, 58 charged

Florida's lieutenant governor resigned and nearly 60 other people were charged in a scandal involving a purported veterans charity that authorities said Wednesday was a front for a $300 million gambling operation.

The organization, Allied Veterans of the World, runs nearly 50 Internet parlours with computerized slot machine-style games, which have come under scrutiny in Florida but are in a grey legal area.

Even so, investigators said the charity was a fraud and executives gave precious little to veterans while lavishing millions on themselves, spending it on boats, beachfront condos and Maseratis, Ferraris and Porsches.

Florida Attorney General Pam Bondi called the alleged scam "callous" and "despicable" and said it "insults every American who ever wore a military uniform."

Lt. Gov. Jennifer Carroll was not among those charged but resigned a day after she was questioned by investigators.

The public relations firm she co-owned, 3 N&JC, did work for St. Augustine-based Allied Veterans. A Navy veteran who served in the Gulf War, Carroll also appeared in a TV ad in 2011 promoting the organization's work on behalf of veterans and their families.

Authorities refused to discuss any ties between the 53-year-old Republican and the investigation. Her aides had no comment.



More Business News

53939
Data from CryptoCompare
Recent Trending
55718
Okanagan Oldies
51164
Castanet Proud Member of RTNDA Canada
Press Room
55504