There's nothing wrong with advocating for your own company.

Eric Schneiderman

The 2006 federal Internet gaming statute is not ambiguous. It does not prohibit gambling on fantasy sports.

Eric Schneiderman

Obviously, Nevada doesn't prohibit all forms of gambling, but you have to submit yourself to a very rigorous regulatory process to run a gambling operation in Nevada.

Eric Schneiderman

You're not allowed to lure people into spending their money or betting their money based on false representations.

Eric Schneiderman

My actual statement during the campaign was I want to be the sheriff of Wall Street, Albany and Main Street. I'm going to go after crime and corruption, wherever it is.

Eric Schneiderman

I'm very interested in the more grass-roots consequences of the economic meltdown: issues related to mortgage foreclosures, debt collection, and the practices of credit card companies and others who hold a lot of consumer debt.

Eric Schneiderman

I have three very simple principles. I don't like conflicts of interest; they should be eliminated or disclosed. I believe in transparency, that people have to really not just know but understand what they're buying and selling. And that you have to have enough capital to back up your promises.

Eric Schneiderman

Fraud is fraud. And consumers of any product - whether you want to buy a car, participate in fantasy football - our laws are very strong in New York and other states that you can't commit fraud.

Eric Schneiderman

We've got to do more to ensure that people who work full time are not living in poverty and that the massive gap between rich and poor - which is fundamentally un-American, as far as I'm concerned - is somehow dealt with.

Eric Schneiderman

History teaches that the overwhelming majority of elected officials follow movement builders outside government when it comes to the new and risky... Once you recognize it, demand it and reward it, it will happen.

Eric Schneiderman

Prosecutors are all used to persons who commit fraud making wild accusations when they're caught.

Eric Schneiderman

High-frequency traders are firms all around the world. They're massive investments.

Eric Schneiderman

We can prevent unfair advantage, and we can avoid the destabilizing effect that high frequency trading can have.

Eric Schneiderman

The president and I had much more important stuff to talk about than Donald Trump. I've never discussed Mr. Trump with the president of the United States.

Eric Schneiderman

The credit reporting system suffers from inaccuracy and often from outright injustice.

Eric Schneiderman

You can't have some institutions that are protected by the law, not allowed to fail, and not held to account, and all the other companies in America are allowed to fail. You can't have equal justice under law and too big to fail.

Eric Schneiderman

We're going after the possibilities of tax fraud, insurance fraud, securities fraud. We're going to look at this stuff very closely. We have the jurisdiction, we have the resources, and we have the will.

Eric Schneiderman

Our review concludes that DraftKings'/FanDuel's operations constitute illegal gambling under New York law.

Eric Schneiderman

Our investigation has found that, unlike traditional fantasy sports, daily fantasy sports companies are engaged in illegal gambling under New York law, causing the same kinds of social and economic harms as other forms of illegal gambling and misleading New York consumers.

Eric Schneiderman

Daily fantasy sports is neither victimless nor harmless, and it is clear that DraftKings and FanDuel are the leaders of a massive, multi-billion-dollar scheme intended to evade the law and fleece sports fans across the country.

Eric Schneiderman

Eric Schneiderman Quotes

There's nothing wrong with advocating for your own company.

The 2006 federal Internet gaming statute is not ambiguous. It does not prohibit gambling on fantasy sports.

Obviously, Nevada doesn't prohibit all forms of gambling, but you have to submit yourself to a very rigorous regulatory process to run a gambling operation in Nevada.

You're not allowed to lure people into spending their money or betting their money based on false representations.

My actual statement during the campaign was I want to be the sheriff of Wall Street, Albany and Main Street. I'm going to go after crime and corruption, wherever it is.

I'm very interested in the more grass-roots consequences of the economic meltdown: issues related to mortgage foreclosures, debt collection, and the practices of credit card companies and others who hold a lot of consumer debt.

I have three very simple principles. I don't like conflicts of interest; they should be eliminated or disclosed. I believe in transparency, that people have to really not just know but understand what they're buying and selling. And that you have to have enough capital to back up your promises.

Fraud is fraud. And consumers of any product - whether you want to buy a car, participate in fantasy football - our laws are very strong in New York and other states that you can't commit fraud.

We've got to do more to ensure that people who work full time are not living in poverty and that the massive gap between rich and poor - which is fundamentally un-American, as far as I'm concerned - is somehow dealt with.

History teaches that the overwhelming majority of elected officials follow movement builders outside government when it comes to the new and risky... Once you recognize it, demand it and reward it, it will happen.

Prosecutors are all used to persons who commit fraud making wild accusations when they're caught.

High-frequency traders are firms all around the world. They're massive investments.

We can prevent unfair advantage, and we can avoid the destabilizing effect that high frequency trading can have.

The president and I had much more important stuff to talk about than Donald Trump. I've never discussed Mr. Trump with the president of the United States.

The credit reporting system suffers from inaccuracy and often from outright injustice.

You can't have some institutions that are protected by the law, not allowed to fail, and not held to account, and all the other companies in America are allowed to fail. You can't have equal justice under law and too big to fail.

We're going after the possibilities of tax fraud, insurance fraud, securities fraud. We're going to look at this stuff very closely. We have the jurisdiction, we have the resources, and we have the will.

Our review concludes that DraftKings'/FanDuel's operations constitute illegal gambling under New York law.

Our investigation has found that, unlike traditional fantasy sports, daily fantasy sports companies are engaged in illegal gambling under New York law, causing the same kinds of social and economic harms as other forms of illegal gambling and misleading New York consumers.

Daily fantasy sports is neither victimless nor harmless, and it is clear that DraftKings and FanDuel are the leaders of a massive, multi-billion-dollar scheme intended to evade the law and fleece sports fans across the country.