A co-founder of an Internet gambling company who was listed among the world's billionaires last year has pleaded guilty to a federal crime and agreed to forfeit $300 million.
A smiling Anurag Dikshit of India entered the plea Tuesday in federal court in Manhattan. He is the co-founder of PartyGaming, an online gambling company registered in the United Kingdom.
Dikshit signed a cooperation agreement and prosecutors indicated they may eventually submit a letter to the judge asking for leniency.
The charge of violating the federal wire act carries a potential prison term of up to two years.
Dikshit and defense lawyer Mark Pomerantz declined to comment.
Tuesday, December 16, 2008
Dikshit Pleads Guilty, Will Forfeit $300 Million
Honestly, I'm not sure which is worse. Being named Dikshit or forfeiting that kind of coin.
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