David Caruthers, ex-BetonSports executive pleads guilty
01 April 2009
Hot off the presses:
David Carruthers has pleaded guilty on 1 count of his indictment in a St. Louis court today.
Under the terms of his agreement, Carruthers has agreed not to appeal this ruling, as long as the sentence does not exceed 33 months. During this time, Carruthers may not engage in any business related to Offshore gambling.
Sentencing will take place on October 2nd.
Since this is breaking news, I’ll be adding to this as more information is available.
Update: Here’s the story from Forbes: http://www.forbes.com/feeds/ap/2009/04/01/ap6243506.html
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David Carruthers was charged with conspiracy in offering bets on college and professional sports to U.S. residents and that BetonSports took wagers via internet and lelephone line. He’s being held without bail at this time. Federal prosecutors requested that no bail be set until David is sent to Missouri to face charges. The judge allowed David be held without bail at least until Friday, when the detention hearing is scheduled.Read full article