Crook Claims He Helped Feds Against Online Bookies

Florida handicapper Adam Meyer, who is currently charged with extortion, said in legal documents he helped federal authorities seize as much as $750 million from online sports betting operators.

Florida handicapper Adam Meyer helped the federal government seize 0 million form illegal online bookies, according to court papers filed in his extortion case.

According to a report in World Casino News, Meyer—who has been charged with extorting $25 million from Wisconsin‘s largest liquor distributor, 64-year old Gary Sadoff—claimed in the court papers that he aided several government agencies in seizing the funds.

The court papers under seal in a Wisconsin federal court, but have been released by the state’s federal court handling the charges against Meyer, according to the Milwaukee Journal Sentinel.

Meyer, 43 is the former head of prediction service Real Money Sports. He was arrested in his Fort Lauderdale-area home in December 2014 after being charged with fraud and extortion and using a firearm to extort millions from Sadoff. The owner of Badger Liquor Co. Inc. in Wisconsin, Sadoff, was a client of the self-proclaimed “sports consultant to the stars,” the World Casino News report said.

According to the court filings, Meyer began to aid federal investigators as early as 2001 after he was indicted on unspecified charges.

Meyer says he cooperated with several government agencies including the IRS, FBI, Secret Service and the New York Police Department’s Organized Crime Unit, resulting in “at least 30” individuals being arrested in addition to the dismissal of a US Treasury Department staffer and a Secret Service agent. He also claims his informing work led to the seizure of “at least $750m from illegal offshore bookmaking operations by an FBI-led task force,” according to the World Casino News report.

Meanwhile, Meyer is being detained in Wisconsin after he violated the terms of his bail by failing multiple drug tests. His trial is scheduled to begin in February, 2016, the report said.

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