Dec 4, 2014
Oct 30, 2014
Oct 2, 2014
Sep 25, 2014
Former Kingston man gets prison for gambling operation
CONCORD - A former Kingston resident will spend the next two years in federal prison for his role in an illegal computer-based gambling operation that generated $188,000 in profits over 12 weeks, federal prosecutors said.
John Giannelli Sr., 66, who currently lives in Danvers, Mass., was a sentenced to prison Thursday in U.S. District Court.
In September, he pleaded guilty to one count of operating an illegal gambling business, one count of money laundering and five counts of impeding the administration of IRS laws, prosecutors said.
In a statement issued Thursday, prosecutors said Giannelli controlled access to a gambling site through user IDs and passwords. Some 300 customers made sports-related wagers while Giannelli monitored the overall betting activity.
Computers were seized at his home last March and a forensic analysis determined the operation generated $188,000 in gross profits.
Prosecutors also said Giannelli laundered his earnings by providing cash to one of his betting customers, who listed Giannelli on his payroll. The business issued paychecks to Giannelli, making it appear that he earned the money.
Between 2003 and 2007, Giannelli laundered $452,000, prosecutors said.
READER COMMENTS: 0
- Feds step up protection against sexual violence - 0
- 2 more arrested over alleged drug dealer robbery in Exeter - 0
- State seeks to address handling of campus assaults - 0
- Update: Londonderry search of shooting victim's home has concluded - 0
- N.Y. man sentenced in sex assault of NH child in 1988 - 0
- Hearing ordered in 1971 murder - 0
- Police investigating bank robbery in Nashua - 0
- Nashua police left rattled by tot's death - 1
- Police investigate shooting of Londonderry woman in Maine home invasion - 0
READER COMMENTS: 0
- State House Dome: Just past Concord session a mixed bag - 0
- Monarchs squeak by Bruins - 0
- Memorial hockey shuts out Trinity - 0
- Dover's Parratto a national champion - 0
- UNH defense comes up big against Redbirds - 0
- St. Anselm men knock off Post - 0
- Leadership, defense made Katie Bishop, of Conway, an All-American - 0
- Jet menace faltered under Rex - 0
- Strong start lifts Bedford to win - 0
UNH loses to Illinois State
Nashua police left rattled by tot's death
A new era for Nashua's police force
- Whom do you think bears the brunt of the blame for the mayhem this weekend in Keene?
- KSC students
- KSC administration
- Visitors from out of town
- A combination of any/all of the above
- Total Votes: 2483