Zona de Azar Paraguay – Prosecutor Investigates Montego Trading S.A. for Illegal Gambling

Paraguay.- 12th December 2024 www.zonadeazar.com Paraguayan prosecutor Marcelo Saldívar is awaiting reports from the National Directorate of Taxation (DNIT) to identify the legal representatives of Montego Trading S.A. and summon them to an inquiry hearing for the crime of illegal gambling operations.

The complaint against the company was filed in mid-October by the National Commission of Gambling (Conajzar) and the Attorney General, Marco Aurelio González.

According to local media, Saldívar explained that they have requested reports from the DNIT to identify the legal representatives of Montego Trading and those potentially liable for criminal prosecution.

“Once we have the DNIT reports, we will summon these individuals for the inquiry hearing,” said the prosecutor.

It is important to note that the Attorney General and Conajzar formally accused Gerardo Bermúdez Arreola, Nasry Árguedas Safie, and Erick Vázquez Loza of Montego Trading S.A., as well as Ariel Alegre Colmán and Abigail Alegre Colmán of Amazing S.A.

The Complaint

In May 2019, Conajzar granted Amazing S.A. authorization to operate a new type of gambling called “Electronic Virtual Gambling Machines” through a virtual entertainment system. However, the company failed to provide the required insurance policy to guarantee contract compliance, which led to accusations of illegal gambling operations.

Meanwhile, the Paraguayan regulator accused Montego Trading S.A. of running clandestine gambling operations, fraud, and other possible crimes that could be identified through the public prosecutor’s investigation.

According to the complaint, despite the revocation of Montego Trading S.A.’s authorization to operate online and physical sports betting, the company continued illegal operations through the CrownCity website.

Edited by: @MaiaDigital www.zonadeazar.com