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Florida gambling-parlour operator pleads guilty to money laundering

Enforcement & compliance

Krishna Deokaran, the former operator of an illegal Florida gambling parlour, pleaded guilty to one money-laundering count and agreed to testify against former Osceola County Sheriff Marcos Lopez, according to prosecutors. Prosecutors allege Lopez protected an unlicensed gambling network that generated more than $21 million; Lopez has pleaded not guilty to racketeering and conspiracy charges.

The case concerns alleged protection of an illegal gambling network and potential criminal liability for its operator and a former sheriff.

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