Apparently fearful of "the threat of prosecution" for online gambling, an anonymous Washington State plaintiff filed a civil RICO class action lawsuit against auction web site BigDeal.com and its backers, accusing the online auction company of "operat[ing] an illegal online bookmaking, professional gambling and/or lottery" business by charging bidders entry and bidding fees for a chance to win auction merchandise.
The lawsuit alleges that the online auction company's "business model is like "a casino's where they make their money by accepting bets," and compares BigDeal to "an online slot machine" or "a poker game."
Venture capital firms backing BigDeal.com include the Mayfield Fund, Foundation Capital, and First Round Capital.
John Doe |
Project Fair Bid Inc and Does 1-20 |
2:2011cv00809 |
May 12, 2011 |
US District Court for the Western District of Washington |
Seattle Office |
King |
Marsha J. Pechman |
Racketeer Influenced and Corrupt Organizations |
18 U.S.C. ยง 1962 |
Plaintiff |
This docket was last retrieved on August 11, 2011. A more recent docket listing may be available from PACER.
Document Text |
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Filing 1 NOTICE OF REMOVAL from King County Superior Court, case number 11-2-06859-5 SEA; (Receipt # 0981-2427616), filed by Foundation Capital, First Round Capital, Mayfield Fund. (Attachments: # 1 Exhibit A & B, # 2 Civil Cover Sheet)(Angelis, Theodore) |
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