A former Pennsylvania Comcast executive was found guilty of stealing $650,000 from at least 12 investors in his fraudulent sports betting fund, some of whom were friends, and was given a 48-month prison sentence.
In a federal court in Missouri, he entered a guilty plea to three charges of wire fraud pertaining to Magellan Sports Fund, his sports betting syndicate. According to court documents, he persuaded investors to join the syndicate with no real results.
In a federal court in Missouri, he entered a guilty plea to three charges of wire fraud pertaining to Magellan Sports Fund, his sports betting syndicate. According to court documents, he persuaded investors to join the syndicate with no real results.