FBI Seize Evidence for Illegal Gambling And Money Laundering

Suspicion of illegal gambling and money laundering led the FBI to the Valley where they seized evidence from three cities. They recovered so much evidence and information it will take them a while to sift through it. It boils down to an illegal gambling ring adding up to millions of dollars.

The FBI suspects people were taking authentic lottery numbers drawn for a legal lottery then playing their own game of chance. That's illegal. Thursday FBI agents searched places on a street in Decatur, as well as streets in Huntsville and Fayetteville Tennessee, and two other states. They were looking for signs that an illegal numbers game was going on. The crime itself is not unheard of but it is part of a more serious crime.

"One of the things the federal enforcement agencies are looking for is the money laundering aspect where they're not paying taxes on it making it look like they're doing a legal business in a storefront and using illegal games through illegal business accounts," said attorney Randy Gladden.

The FBI suspects that at some of the locations more than $1 million a month in net receipts will be recovered. No arrests have been made. They say it could be several weeks before that happens.

FBI Seize Evidence for Illegal Gambling And Money Laundering