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Another Bites the Dust

Is it any surprise to announce that the Maryland US Attorney’s office has seized the bank account of yet another company alleged linked to doing online casino business within the United States? Forshay Enterprises is the latest target of Maryland government’s attack on the any businesses allegedly linked to the internet gambling industry. According to the latest information Forshay owns six accounts at Wachovia Bank, the Maryland US Attorney’s Office has seized the funds in those bank accounts on mostly-sealed warrants that relate to claims that Forshay is involved in offering payment processing capabilities for US gamblers to reach offshore online casinos.

This latest company is just the latest one to find itself the target of the government’s attack on online casino payment processing companies that are using US bank accounts to assist foreign gambling sites in reaching the coveted US market. In addition to Forshay, which operates the PACER internet-based service, Electracash, Inc. has also taken a brunt of the action and several weeks ago the Attorney’s office targeted that company as well.

The US Department of Justice fully supports the Maryland US Attorney’s Office attempts to put a stop to the processing of online casino gambling transactions and there are likely an untold number of additional companies that are facing seizure in the very near future. The warrants are mostly sealed though to protect future seizures that the Attorney’s Office has under development. These actions have really put US online gamblers on edge in fear that they are going to permanently lose the money in their gambling accounts.