Bodog Embezzlement Case Heats Up: Charges to be Filed Shortly

Submitted by C Costigan on

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C Costigan

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As reported last week, a number of former high-ranking employees of Bodog Brand’s Asian arm have been implicated in an embezzlement scheme, according to company officials and confirmed by a Bodog representative.  Gambling911.com can reveal that charges are about to be filed against at least one of the individuals, Robert Gustafsson. 

A Bodog representative tells Gambling911.com that Gustafsson, the former Bodog Asia CEO, and Patrik Selin, former Bodog Europe CEO, set up third party vendors such as payment processors and used these entities to skim money from Bodog.

"Forensic audits are currently being reviewed and have turned up tons of improprieties," a source within Bodog, who wished to remain unnamed, revealed to Gambling911.com.  "An outside law firm is going over the details and working with the local authorities.  They are going to be filing charges very soon."

Gambling911.com is hoping to obtain some documents associated with this matter over the next 48 hours.

Gustafsson’s previous role in the company is being played down by Bodog officials, suggesting on the CalvinAyre.com website that Gustafsson was a mere “point person” for the company.

On his LinkedIn page, the Swedish-born Gustafsson claims to have been responsible for "creating the most successful online gambling company in Asia".   Needless-to-say, Bodog company officials beg to differ with that grandiose assessment, based on Gambling911.com’s internal conversations.

“Hardly,” says our source.

He refers to himself as "pragmatic, hard working, no politics, straight forward sometimes to [sic] boring Swedish”.

Gustafsson’s LinkedIn page still indicates he is employed at Bodog Asia, though company officials confirm this is no longer the case.

Selin, who resigned from his post in June of last year, was widely credited for introducing the anonymous tables recreational player concept to the popular online poker brand.   His LinkedIn page appears to have been deleted.

Others accused include Bodog CFO Arleen Aldaba, former legal counsel Jennifer de los Santos-Beloso, legal assistant Mary Rose Suanino, office clerk Mary Jane De Guzman and a company driver, Dalmacio Mendoza.  Most of the operatives resided in the Philippines, a Southeastern nation rife with corruption. 

- Chris Costigan, Gambling911.com Publisher

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