Ex Mansion CEO hit with custodial sentence in longstanding legal battle 

by iGamingExpert
4 minutes read
Former Mansion Bet CEO, Karel Manasco, has been handed a 12-month custodial sentence over a contempt of court charge as the legal battle between him and his former employer escalates.

Manasco failed to appear at court, however, he was represented by counsel, with a warrant for the arrest of Manasco previously being issued after he failed to appear in court during a previous session on 9 April.

At the heart of the case involving Manasco are allegations of financial misconduct and accusations that he failed to comply with asset freezing orders.

The sentence comes as a result of Manasco being found to have made a false statement in a witness statement, as well as removing or diminishing assets from the jurisdiction in his name to the sole name of his wife in an account held in Spain.

The transferring of funds meant that Manasco was in breach of a worldwide freezing order.

The judge emphasised that “this contempt is so serious that only a custodial sentence will suffice”.

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