WSEX co-founder Haden Ware receives six months probation
Haden Ware, a co-founder of now defunct World Sports Exchange (WSEX), was sentenced to six months probation today in Manhattan federal court.
Ware was on the lam for over 13 years as a fugitive for his involvement with WSEX.
The online sportsbook unceremoniously went off-line without paying well over $1 million to players who filed complaints with Sportsbook Review.
Prosecutors were looking for Ware to spend up to a year behind bars, though U.S. District Judge William Pauley opted instead to issue a sentence of six months probation. The judge ultimately said that Ware played a small role with the online sportsbook.
"Why you waited so long to come back to the United States, only you know. But I sympathize with the fact that this hung around your neck all these years," Judge Pauley stated to Ware, according to a report by Reuters.
The US Department of Justice indicted 22 individuals for their role with WSEX in 1998. WSEX co-founder Jay Cohen was later convicted in 2000 and sentenced to 21 months in prison: Cohen served 18 months of the sentence.
In other legal news involving the sportsbook world, industry pioneer Spiros "The Greek" Athanas received one year probation as reported by SBR on February 3 for his connection with Legends Sports. Legends Sports founder Bartice "Luke" King was acquitted on a racketeering (RICO) charge but convicted on two counts of money laundering and running an illegal gambling business. King awaits sentencing.