Nicholas Jenkins, the founder of, and his two employees voluntarily surrendered on Wednesday. The three men flew from their home state of Washington to Louisiana where they were booked with illegal gambling by computer. was a Seattle-based person-to-person betting exchange that allowed users to bet among themselves. Jenkins and two of his employees were charged with breaking Internet gambling laws in the state of Louisiana after a a Louisiana state trooper, acting with the Washington State Gambling Commission, accepted four bets.'s profit on those bets was 70 cents. Now the three men could face up to five years in prison and fines of as much as $20,000 each.

How's that for a risk-reward ratio??

Here's the story from today's Advocate in Baton Rouge: