In a case that first surfaced in April of this year regarding
a Colorado business suspected of cheating people out of thousands of dollars,
the head of Venture Concepts, David Howe, stood in a Colorado courtroom on
Tuesday to hear the charges brought against him. Howe is being charged
with fraud, providing gambling information, professional gambling and computer
crimes, which are all deemed misdemeanors in the State of Colorado.
The exact nature of Howe's crimes pertain to ownership and
operation of online casino scam sites, which Venture Concepts were selling to
people via an advertisement that vaguely expressed opportunities to make money
from working at home. After putting up approximately $1,000 to purchase a
full operating online casino, poker room and internet sportsbook from Venture
Concepts (who said that over $25,000 could be made in just three months
operating the online casino from home), buyers would then later learn that in
order to receive any traffic and business from the site, they would need to pay
an additional $9,000 to Venture Concepts for marketing and distribution
services.
One woman who got wind of the online casino scam after paying
the initial grand to Mr. Howe contacted a Denver-based television news program,
who in turn, featured an investigative report on the charges. Once the
story came into light, the Colorado Bureau of Investigation and the Arizona
Department of Gaming picked up an investigation of their own on David Howe and
Venture Concepts, eventually bringing the charges on him which he now faces.
Regarding Howe's reaction and plea to the charges, that
information has not been released, nor has it been discussed by Howe's attorney.
Venture Concepts has since been shut down, and all online gambling sites
developed by the company have been taken offline and put out of commission.
In light of cases like these (as well as the legality of the situation),
consumers should always be weary of any offering to own and operate an online
casino or internet betting site.