POSTED: 09:32 p.m. HST, Aug 08, 2013
LAST UPDATED: 09:57 p.m. HST, Aug 08, 2013
The owner of a bottled-water company who ran a sports betting operation from the Kailua-Kona business is going to federal prison for 20 months.
A federal judge sentenced Eric Ford to prison Thursday for operating an illegal gambling business and for structuring cash transactions to evade reporting requirements.
Ford, 45, owner of Aloha Springs Water Co., pleaded guilty to the charges in February. He also agreed to forfeit $112,900 authorities seized from two safe deposit boxes in coordinated raids in November; $7,666 seized from Ford’s home and business; a 2004 Mercedes sedan; and a Rolex watch.