Colorado man busted for running an online gambling operation

News on 11 Jan 2014

Media reports from Colorado in the United States claim that a local Boulder County man, 62-year-old Larry Kyle Richardson, has been indicted by a grand jury on an internet gambling-related racketeering charge, and that the case has links with a high profile Oklahoma internet gambling bust several years ago .

Five defendants convicted in the Oklahoma grand jury case, Richard Hancock, Teddy Mitchell, Gary Gibb, Dryden Mitchell and Roger Antablin are mentioned in the Colorado indictment as possible recipients of payments from Richardson as part of his illegal enterprise

The local newspaper Daily Camera reports that Richardson was arrested Friday and is in jail on a bond of $50,000, accused of racketeering by running an illegal online gambling operation between January 2010 and January 2013 “…in, or triable in, Boulder County.” The indictment lists a violation of the Colorado Organized Crime Control Act — a Class 2 felony.

The indictment lists 195 instances in which Colorado Bureau of Investigation officers exercised search warrants to recover checks made out to Richardson by suspected gamblers in amounts ranging from $50 to $11,000. Around $300,000-worth of checks were recovered.

There are also allegations that Richardson paid a percentage of his illegal income to Oklahoma defendant Richard Hancock.

Boulder County District Attorney Stan Garnett told the newspaper that he could not discuss the details of the case, but for it to be “triable” in Boulder County it must have some connection to the district.

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