NEW YORK Oct 3 An affiliate of financial
services firm Cantor Fitzgerald has agreed to pay $16.5 million
to resolve a criminal investigation into its past involvement
with illegal gambling and money laundering schemes, U.S.
prosecutors said on Monday.
The non-prosecution agreement announced with CG Technology
LP, formerly known as Cantor Gaming, came three years after a
former senior executive at the company pleaded guilty to
conspiring to participate in an illegal gambling business.
(Reporting by Nate Raymond in New York; Editing by Chris Reese)