Florida Woman Pleads Guilty in $8 Million Gambling Ring

The woman faces up to 20 years in prison and a fine of $500,000.

Friday, Nov 1, 2013  |  Updated 9:07 AM EDT
View Comments (
)
|
Email
|
Print
Weird News Photos: South Korean Mud Festival

Photos and Videos
More Photos and Videos

A 30-year-old Florida woman has pleaded guilty in a New York federal court to laundering $8 million for a widespread illegal sports gambling operation.

Michele Lasso-Barraza pleaded guilty Thursday via a video feed from Florida to conspiracy to commit money laundering charges filed in U.S. District Court in Albany.

Federal prosecutors say Lasso-Barraza laundered money from Internet websites that allowed bettors to place wagers. Officials say she transferred the money from the illegal gambling business to offshore accounts using sham entities.

Lasso-Barraza, a Panamanian national living in Parkland, Fla., faces up to 20 years in prison and a fine of $500,000 when she's sentenced Feb. 28.

Her co-defendant and the gambling ring's leader, 52-year-old Philip Gurian of Boca Raton, Fla., pleaded guilty last month to money laundering. His sentencing is scheduled for Feb. 6.

More on NBC6.com:

Get the latest headlines sent to your inbox!
View Comments (
)
|
Email
|
Print
Leave Comments
What's New
Get Our New iPad App
Now optimized for iPad, NBC 6... Read more
Follow Us
Sign up to receive news and updates that matter to you.
Send Us Your Story Tips
Check Out