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From the right-wing nutjobs at NewsMax--

With Carl Limbacher and NewsMax.com Staff
For the story behind the story...
Sunday, Nov. 27, 2005 5:20 p.m. EST

Woman Becomes Sex Billionaire

She began by selling phone sex, raked in millions of dollars, moved on to Internet gambling � and today Ruth Parasol is worth almost $2 billion.

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She advised Seattle phone-sex entrepreneur Ian Eisenberg, who went on to mail fake "rebate" checks for $3.50 to millions of households. According to the Times, the fine print said that by cashing the checks, recipients agreed to pay as much as $29.95 a month for Internet service. The Federal Trade Commission sued and won an order for $17 million in reimbursement.

"Parasol and an Eisenberg protege named Seth Warshavsky then invested millions of dollars in phone-porn companies that were sued by North Carolina and Nevada authorities for alleged improper billing and collection practices that included threatening to seize a person's property,"the Timers reported.

Among her other ventures in the porn trade:

# Being part owner of a 1-900 and long-distance operation called Starlink Communications with Warshavsky. Starlink's former president, George Holland, said he met Parasol only twice. Having assumed that any woman in the "99 percent male" phone-sex industry would be a crone, he found himself in the room with a quiet and extremely well-dressed young brunette. "She was drop-dead gorgeous," Holland told the Times.

# In 1997, Parasol established her first gambling operation, in the Caribbean. Beginning with five employees, Starluck Casino used software from another company to offer virtual slot machines, blackjack and other Las Vegas-style games. The company grew into a network of sites under the name iGlobalMedia, which ultimately became PartyGaming. By 2001, Parasol's casinos were handling 3 million visitors a day.

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Despite her vast wealth, which she shares with her husband Russell DeLeon, all is not rosy. The Times says that some legal experts say she risks arrest if she returns to the United States, and her company warned in paperwork before its initial public offering in the summer that a concerted U.S. effort could shut it down. So far, however, the Times notes that law enforcement agencies have shown no inclination to act.

More:
http://www.newsmax.com/archives/ic/2005/11/27/172836.shtml