By David Purdum / @DavidPurdum
Darren Wright, one of two men indicted on gambling charges last May for operating the now defunct online sportsbook BetED.com, pleaded guilty to conducting a gambling business charges Monday in Maryland District Court.
Wright was sentenced to two years probation and was required to pay a $100,000 assessment. According to court documents, he paid the amount in full.
Meanwhile, BetED customers, who had their accounts shut down without notice last May, have not been reimbursed.
Wright was facing a maximum punishment of five years of imprisonment without parole, followed by a term of supervised release not to exceed three years and a fine of $250,000. But Wright is likely looking at a much less severe punishment.
David Parchomchuk, the other man indicted in May 2011, also pleaded guilty to conducting an illegal gambling business and was sentenced to two years of probation on June 8.
Wright’s attorney Douglas Applegate did not return emails requesting comment about customer funds or Monday’s arraignment.
Parchomchuk’s lawyer Jeff Ifrah told David Purdum Sports in June that his client was never in charge of nor had access to client funds. “He is very concerned about customers who cannot access their funds,” Ifrah added in an email.
In his plea agreement, Wright admitted to operating BetED.com from at least October 2009 to April 22, 2011. BetED was located in Costa Rica and had at least 20 employees.
He was caught after signing an agreement with Linwood Payment Solutions, a processor set up by the U.S. Dept. of Justice.
From the plea agreement: