Free Republic

A Wisconsin teen bragged “fraud is fun” before allegedly hacking user accounts on sports betting website DraftKings and helping others steal $600,000, Manhattan federal prosecutors charged Thursday. Joseph Garrison, 18, is accused of swiping the login information of 60,000 accounts in the Nov. 18 cyberattack, and then selling the data, allowing others to steal money from some of the users, the feds alleged. In total, the Madison man allegedly helped others loot the $600,000 from a total of 1,600 users — with at least 30 of those accounts belonging to New Yorkers, prosecutors said. Before Garrison carried out the major...

New York Attorney General Eric Schneiderman on Thursday filed an amended lawsuit against DraftKings and FanDuel asking the daily fantasy sports companies to give back all the money they made in New York State. The amended lawsuit asks the two companies to make restitution of all funds obtained from consumers in connection with alleged violations and seeks a civil penalty of up to $5,000 per case. The lawsuit also asks that the two companies provide an accounting of the money they collected from consumers in New York who played any of their games. Boston-based DraftKings and New York-based FanDuel did...

New York Attorney General Eric Schneiderman on Tuesday ordered the nation’s two largest fantasy-sports-betting Web sites to cut off gamblers from the Empire State — saying the online operations are illegal and designed to scam sports fans out of billions of dollars. In cease-and-desist letters to FanDuel and DraftKings, Schneiderman’s office said the booming businesses were breaking New York’s law that prohibits gambling on games of chance. The letters say the companies’ customers “are clearly placing bets on events outside of their control or influence, specifically on the real-game performance of professional athletes.”