BIRMINGHAM, Ala. (WBRC) – Eight people who were indicted in a multi-million-dollar excise tax evasion and money laundering scheme involving an illegal sports-betting organization have agreed to plead guilty to federal charges, court records reveal.
According to the U.S. Attorney’s Office, 11 defendants, of which six are from Alabama, are accused of operating an organization known as Red44, an illegal sports-betting online organization with an offshore server in Costa Rica.
Over the course of three years, Red44 allegedly took millions of dollars in betting money, but failed to pay excise taxes, according to court records. Prosecutors say between 2019 and 2021, Red44 made a profit of $75 million and failed to pay nearly $20 million in excise taxes…