Donald Hellinger sentenced to 36 months

By Bookmakers Review30 September 2012
Share with:
Donald Hellinger sentenced to 36 months
Hellinger's company Payment Processing Center distributed $44m in payments to customers of US-facing sportsbooks.

UPDATE 15-10-2012: After several postponements and months of waiting, sportsbook payment processor and magazine publisher Donald Hellinger has been sentenced to 36 months for his role in an illegal money transmission business that distributed $44m in payments to customers of US-facing sportsbooks.

Hellinger pleaded guilty at the end of February to failing to register as a money service business, while federal prosecutors dropped the charges of illegal gambling and money laundering.

The sentence granted Hellinger 45 days' self-surrender and the magazine publisher already announced his intention to file appeal, even though in a provision of his February 28 plea agreement he waived his right to appeal.

According to the sentencing guidelines, Hellinger's company Payment Processing Center received wire transfers from offshore gambling companies, then following the instructions provided via email concerning bettors’ identities, addresses and amounts of money due to them, at the direction of offshore gambling companies, PPC prepared and sent bank checks to bettors, but never collected wagers, calculated gambling winners or losers or participated in the gambling business unrelated to the transmission of money.