Menu

Gambling News

Adam Meyer Gets Convicted of Extortion

- March 9, 2017 By Riley Wilson -

Former sports betting guru Adam Meyer to serve eight years in prison for extortion.

Adam Meyer, who became famous for promoting sports betting, has been found guilty of extortion and will spend the next eight years in prison.

Judge Lynn Adelman sentenced Meyer to serve eight years behind bars and additional three years of supervision, after he is released.

The Problems with Law

His troubles with law started three years ago, when he was arrested after failing a drug test. Having beed in prison since April 2015, last year he pleaded guilty to a total of six charges, including extortion and racketeering.

It was discovered Meyer extorted more than $45 million form Gary Sadoff, Wisconsin businessman and Meyer’s former client. He made up phoney debts and with his accomplice, Ray Batista,  threatened to kill Sadoff.

Sadoff addressed the court, explaining he gave the money only to protect his family, and asked Judge Adelman to issue a restraining order against Meyer, which would prohibit any future contact with him.

Meyer Got the Sentence He Had Hoped to Avoid

Meyer’s lawyers gave their best to avoid a jail sentence longer than 5 years – claiming he was seriously addicted to gambling and drugs – but after Batista was given 4 years in prison last January, it was clear Meyer would spend considerable time locked away. His team argued Meyer suffered with mental problems and was, to a point, unaware of his doings.

In a surprising twist of events, it was disclosed Meyer had acted as an informant for a number of state and federal law enforcement agencies in cases against internationally licensed sports betting operators. This also revealed Meyer was convicted of fraud back in 2007, but received a very lenient sentence for his actions.

YOU MIGHT BE ALSO BE INTERESTED IN THESE:

LATEST NEWS

Michigan Legislators Want to Legalize Online Gambling… Again [...]

Everything will be postponed by a year or longer if there new election in Japan.

Snap Election to Postpone Casino Legislation in Japan [...]

Mega Fortune Pays Out Another Multi-Million Jackpot [...]

MORE INTERESTING ARTICLES

Advantages of Playing Casino Games in Free Play Mode [...]

Multi-Hand Blackjack Tips and Tricks [...]

How to Become a High Roller? [...]

BACK TO TOP

Receive Exclusive Bonuses, Promotions & News

Never miss a good casino promotion again! Add your email to our mailing list and receive some exclusive casino bonuses, promotions & updates straight to your inbox.