Best Gambling Guide from Gambling Headquarters

Best Gambling Guide for online gambling reviews, best gambling bonuses, gambling games, and gambling tips. Our gambling guide features

rules for baccarat, blackjack, craps, roulette & slots.. Best gambling payouts and best gambling bonuses are featured in this gambling guide.

Best Gambling Guide for online gambling reviews, best gambling bonuses, gambling games, and gambling tips. Best gambling payouts and best gambling bonuses are featured in this gambling guide.

 

Gambling News by Gambling Headquarters

Friday, March 31, 2006

Abramoff, Kidan Sentenced to 70 Months

 

As reported by the Florida Sun Sentinel: "Disgraced super lobbyist Jack Abramoff and former business partner Adam Kidan were sentenced Wednesday to 70 months in prison and ordered to pay more than $21.7 million in restitution to the bank they defrauded.

"But as expected, Miami federal court judge Paul Huck stayed the sentences for 90 days so Abramoff and Kidan can continue working with authorities in a potentially widespread bribery and influence peddling investigation on Capitol Hill. Huck has the discretion to lower their prison time once their cooperation is evaluated.

"…Kidan, 41, added that he's accepted full responsibility for his role in the wire fraud scheme, an apparent shot at Abramoff, who recently filed a court motion that not only asked for leniency but also blamed Kidan for much of the bank fraud scheme to purchase the Dania Beach-based SunCruz Casinos gambling ships.

"…In addition to potential prison time, Assistant United States Attorney Lawrence D. LaVecchio said that the men owe $21,701,015.45 to Foothill Capital Corp., the financing firm in the $147.5 million sale of the Dania Beach-based SunCruz Casinos. It proved an ill-fated deal, ending with possible prison terms for Kidan and Abramoff, who raised more than $100,000 for President Bush's re-election campaign. Six months after the sale, the floating casinos' founder, South Florida entrepreneur Konstantinos 'Gus' Boulis, was murdered.

"The bank fraud case revolved around a stipulation in Foothill Capital's $60 million loan that Abramoff and Kidan pay Boulis $23 million of their own money at the closing. But when they couldn't come up with the down payment, Abramoff and Kidan came up with a plan to have Boulis sign promissory notes and then the three of them faked a wire transfer showing the $23 million had been paid…"

READY TO GET STARTED AT OUR PREFERRED GAMBLING SITES?
  • To see our Best Gambling Guide picks, visit or Best Gambling sites list.
  • To find reviews of the Best Gambling Guide, visit our Best Gambling Sites Reviews.
  • For the best bonuses available, please read our Best Gambling Bonuses Offers.
  • For access to our list of gambling payouts visit our Best Gambling Payouts section.
  • Gambling Rules & Strategies, select from Poker, Baccarat, Blackjack, Craps, Roulette or Slots.
  • For news stories on the Best Gambling Guide industry, read our Best Gambling Guide News Articles.
  • Copyright© 1999 to 2009 - Best Gambling Guide from Gambling Headquarters

    Gambling Guide Menu

    Home
    Best Gambling Sites
    Casino Reviews
    Best Gambling Payouts
    Best Gambling Bonus
    No Deposit Bonuses
    Monthly Bonus
    High Roller Bonus
    Biggest Jackpots
    Progressive Slots
    Live Dealer Casinos

    Gambling Resources

    New Players Guide
    Ten Commandments
    House Edge
    Gambling Articles
    Probabilities
    Money Management
    Gambling Psychology
    Gambling Guide News

    Gambling Rules

    Poker
    Baccarat
    Blackjack
    Craps
    Roulette
    Slots
    Betting Systems

    Gambling Software

    Microgaming
    Cryptologic
    Playtech
    Real Time Gaming
    Boss Media
    Viper
    Odds On
    Other Software

    Gambling Groups

    Belle Rock Gaming
    Fortune Lounge
    Bright Share
    Casino Partners
    Vegas Partners
    Casino Profit Share
    Gambling Rewards
    Casino Coins

    Banking Methods

    Firepay
    Neteller
    Citadel
    more...

    More Gambling

    Poker
    Sports
    Bingo
    Casino Affiliates

    Misc.

    Best Gambling Directory
    Webmasters
    Contact Us

    Best Gambling Guide for online gambling reviews, best gambling bonuses, gambling games, and gambling tips. Our gambling guide features

    rules for baccarat, blackjack, craps, roulette & slots. Best gambling payouts and best gambling bonuses are featured in this gambling guide.

    Best Gambling Guide from Gambling Headquarters