The U.S. Department of Justice has summoned at least four high-profile investment banks as part of its ongoing crackdown on the online gambling industry.
HSBC, Dredner Kleinwert, Credit Suisse and Deutsche Bank were issued subpoenas in October, shortly after the illegal internet gambling enforcement law was signed, according to a report in the London Sunday Times.
HSBC Bank served as an adviser to 888 Holdings Plc, which listed on the London Stock Market in September 2005, while Deutsche Bank and Dresner Kleinwart Wasserstein served as an adviser to Party Gaming, which listed in June 2005.
“The subpoena has been issued to companies that have acquired initial public offerings of some of the most popular online gambling sites operating abroad,” The New York Times reported on Sunday.
The DOJ is requesting information such as emails, phone records and financial documents as part of its investigation, according to the London Sunday Times.
A U.S. Justice Department spokesman declined to confirm who was handling the case but said all media inquiries would go through the Southern District of New York.
The Justice Department in Washington, D.C., and the U.S. Attorney’s Office for the Southern District of New York declined to comment further. 에볼루션 바카라사이트
The subpoena notification comes a week after prosecutors led by Michael J. Garcia indicted Neteller co-founders Stephen Lawrence and John Lefebvre on money laundering charges.
Lawrence and Lefebvre both appeared in U.S. District Court last week and were released on $5 million bail.
Casino City reporter Bradley Valerius contributed to this article.
