Media reports from West Texas Thursday reveal that a 40-year-old illegal online bookmaker, Jose Abelardo Dominguez, has been convicted on illegal sports betting, money laundering and tax evasion charges and sentenced to three years imprisonment.
He forfeits $7 million in allegedly ill-gotten gains through the judge's order that he pay $1.9 million to the IRS and $5.1 million as part of the court judgement.
Dominguez must also forfeit real estate in Ector and Midland County and about $515,000 in confiscated cash.
Dominguez in June pleaded guilty to money laundering and tax evasion after prosecutors charged that from 2011 to 2016, he offered illegal opportunities for online sports bets. Dominguez in 2014 earned more than $2.3 million through the online gambling operation but reported taxable income of only about $63,000.