Former driver Buckaroo suspected of helping illegal gambling sites

The former director of payment service provider Buckaroo suspected of money laundering, tax fraud, illegal gambling and membership of a criminal organization would be Maximilian S. The FD writes this this morning. He would have been involved in a large-scale scam with illegal gambling sites. The former director appears to be one of the suspects in the so-called Rykiel investigation into money laundering via online gambling

The former director of payment service provider Buckaroo suspected of money laundering, tax fraud, illegal gambling and membership of a criminal organization would be Maximilian S. The FD writes this this morning. He would have been involved in a large-scale scam with illegal gambling sites.

The former director appears to be one of the suspects in the so-called Rykiel investigation into money laundering via online gambling. In that context, a 49-year old lawyer Annette M. from the municipality of Hollands Kroon was arrested earlier this year.

At Buckaroo two raids took place last year by the police and the Gaming Authority. They investigated three companies that were customers at Buckaroo. In doing so, S. was arrested and suspended as a director.

S. is not known as a main suspect is the case. These were internet millionaires Michel Gregoire, his brother Maurice and Stijn Flapper. According to the Public Prosecution Service, they received advice from several lawyers and tax advisers about conducting a sham administration and setting up constructions to disguise the actual property of assets.

During the investigation in this case, dozens of capitals and business premises were seized at home and abroad. The gambling sites had a turnover of more than 100 million euros since 2006.

Yesterday Emerce wrote about violent clashes between the directors of Buckaroo and the Supervisory Board in response to these raids and warnings from the Dutch Bank. The SB wanted to get rid of all dubious gambling customers, but not the directors. The skirmishes came to light after the resignation of one of the directors, who went to court.

The affair points to a great intertwining between Buckaroo and illegal gambling sites, which also explains why the Dutch Central Bank had insisted on the dismissal of the Buckaroo Board of Directors. At least that is what Commissioner Forsberg said in an e-mail that the court was facing. In March 2014, two directors were put on non-active and finally dismissed in May for fraud and conflicts of interest.