Sheriff Gaming cleared of involvement in Dutch money laundering1st July 2013 9:24 am GMT
Online casino games developer Sheriff Gaming has said that the company is no longer a suspect in the anti-money laundering operation led by the Dutch Public Prosecution Office earlier this year.
In May, Dutch authorities initiated a large-scale anti-money laundering operation involving 150 police officers, targeting 80 residences and businesses in Holland, Belgium, Spain and Germany.
Working in close co-operation with the Dutch gaming authority KSA (Kansspelautoriteit), the Public Prosecution Office (PPO) said at the time that its prime suspects were two brothers (Michel and Maurice Gregoire), and a third man identified as Stijn Flapper, CEO of Sheriff Gaming.
According to the PPO, Michel Gregoire was under suspicion of having profited from drug dealing and suspected of having invested those returns in real estate and illegal gaming activities. The two brothers are also suspected of owning shares in various Dutch companies which own over forty properties including a number of luxury villas, apartments and boats in Spain with a total value of more than €10m.
Despite the Alderney Gambling Control Commission initiating a special investigation into licensee Bubble Group (which trades as Sheriff Gaming), the company has always maintained that it would be fully discharged of all accusations.
This morning, Sheriff Gaming confirmed to Gaming Intelligence that the company was no longer a suspect in the investigation.
"On the basis of information provided by the PPO to lawyers appointed by Bubble Group BV, (which inter alia consists of written communication with the PPO), I can confirm that Bubble Group BV is not designated as a suspect in this investigation," said Sheriff Gaming's compliance officer Ellen Flapper.
Flapper added that no other formal information has been provided by the PPO.