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Admitted bookmaker says Teddy Mitchell worked under him

A California man pleaded guilty Friday to involvement in illegal offshore Internet sports betting and money laundering. He agreed to testify at trial against Teddy Mitchell, of Oklahoma City.
by Nolan Clay Published: March 15, 2013
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An admitted bookie from California pleaded guilty Friday to illegal gambling and money laundering after agreeing to testify at trial against Teddy Mitchell, of Oklahoma City.

Richard Allen Hancock, 67, will be sentenced later.

He told an Oklahoma City federal judge in his plea paperwork that he entered into a plea agreement with prosecutors “to atone for my misconduct and begin a better life.”

In late January, Hancock turned over to federal agents a black duffel bag containing more than $1 million in cash, the FBI said. Hancock had stored the money bag at a lockbox business in Newport Beach, Calif.

“He's agreed to tell the truth, and that's what he did today,” said his attorney, John Coyle. “He wants to go in a different direction for the balance of his life.”

Mitchell, 58, is awaiting trial on a federal indictment that accuses him of making millions of dollars by hosting illegal high-stakes poker games at his Oklahoma City home and by illegally taking bets on sporting events.

Mitchell's attorney contends Mitchell is a professional gambler who believed he was acting legally.

The gambling case has attracted widespread public attention because Mitchell's wife, Julie, 34, was brutally beaten to death in their home in November 2010.

Teddy Mitchell was traveling out of state at the time. One of his sons found the body in a bedroom closet. Police have not arrested anyone in the death.

In court Friday, Hancock admitted he was involved with Teddy Mitchell in an illegal offshore Internet sports betting business. He also admitted sending checks from betting clients to Gortation Management, a Costa Rican shell company.

“I was a bookmaker,” he told U.S. District Judge David Russell in a clear voice.

He said he had eight to 10 subagents who worked under him. He described Mitchell as an agent “of mine with customers in Oklahoma.”

“I want to say I began in 2004,” Hancock told the judge.

In court affidavits, the FBI says that Internet gambling has become a multibillion-dollar illegal business.

“Many bookies in the United States who illegally accept sports wagers have begun using an Internet gambling website to manage the gambling activity of their clients, thus becoming ‘agents' of the Internet gambling website,” FBI Special Agent Francis J. Bowles Jr. reported in one court affidavit.

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by Nolan Clay
Sr. Reporter
Nolan Clay was born in Oklahoma and has worked as a reporter for The Oklahoman since 1985. He covered the Oklahoma City bombing trials and witnessed bomber Tim McVeigh's execution. His investigative reports have brought down public officials,...
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