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Old 04-25-2013, 01:30 PM
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JB JB is offline
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Default World Sports Exchange (WSEX)

Strange / Bad News

An owner of a recently closed online sports book was found dead from a gunshot to the head Friday, according to the Antigua Observer.

Steve Schillinger, a co-owner of World Sports Exchange (WSEX.com), was found by friends in his condominium with a single gunshot wound to the head, according to the report.

Schillinger, along with partners Jay Cohen and Hayden Ware, was indicted in the U.S. in 1999 for allegedly violating the Wire Wager act. Schillinger elected to stay in Antigua, where the online sports book and casino was based, rather than return to the U.S. to face charges. He was considered a fugitive.

Cohen became the first person to be convicted of running an illegal offshore gambling operation in the U.S. and served close to two years in prison.

WSEX.com announced last week that it was no longer able to operate. It posted the following message on its website, which as of Wednesday was no longer active:

Dear WSEX customer,

We have been forced to halt business activities at this time due to inadequate capitol resources. The financial position of the company is currently under review and we will keep you informed as to the future plans for WSEX and the repayment or transfer of your balances.

We sincerly (sic) apologize for this unfortunate situation and will be doing everything we can to rectify it as soon as possible.

-WSEX Management
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Old 04-30-2013, 03:18 PM
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My how the mighty have fallen. I wonder if he killed himself or if somebody that he stiffed got him. Sad either way.
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