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Austria’s Goldbet cleared of money laundering allegations

25th May 2011 9:00 am GMT

Innsbruck’s public prosecution service has closed its investigation into Austrian bookmaker Goldbet Sportwetten GmbH after failing to find any evidence of money laundering, as had been alleged by Italian investigators.

The allegations arose from investigations in Italy last year where a number of betting points, operating on behalf of Goldbet, were linked to the Italian mafia.

Italian authorities requested the seizure of funds in agencies located in the Italian province of Lecce which they believed were used [...]

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