\u2018Serious Criminal Activity’<\/strong><\/h2>\nThe lottery accuses Action 24\/7\u2019s internal anti-money laundering controls of being inadequate. It cites several instances but highlights one on March 9. That’s when a player made a $10 deposit, followed almost immediately by 184 attempted deposits from seven cards with seven names. Of these, 124 were successful.<\/p>\n
The user then placed a few small bets before making multiple withdrawals into an account with the user\u2019s name.<\/p>\n
\u201cIt is serious, serious criminal activity, probably in the tens, if not hundreds of thousands of dollars worth of damages done with multiple real individuals and business victims,\u201d said Danny DiRienzo, an investigator for the Tennessee Lottery said Friday. He was speaking during a meeting of the lottery\u2019s board, as reported by the Associated Press<\/em>.<\/p>\n\n
But according to the lawsuit, the total amount of fraudulent deposits was $37,362, of which the company has recovered $14,701. <\/strong>Moreover, the operator self-reported the suspicious activity to the lottery, by which time it had already frozen the accounts in question. \u00a0<\/strong><\/p>\n<\/div>\nThe suit argues the lottery should not have taken the decision to suspend the license last Thursday, prior to a vote by the lottery board the next day. During the meeting, officials refused to listen to Action 24\/7\u2019s position, it claims.<\/p>\n
The lottery counters that the company waited until March 17 to report suspicious transactions that had occurred more than a week earlier. It says the sportsbook should have acted quicker in shutting down the accounts and notifying it of the situation.<\/p>\n