Jul 16, 2014
Jul 10, 2014
Jun 26, 2014
Jun 20, 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
- Most charges dropped against North Haverhill man who threatened officers during standoff - 0
- Man arrested after shots allegedly fired in Mont Vernon - 0
- Rochester gas station robbed; Police: Could be one in string - 0
- DWI License Revocations - 0
- Man faces charges in Rochester and Somersworth - 0
- Manchester chief turns to community to help fight gangs - 18
- City man arrested in shooting incident - 0
- Teen, 19, stabbed in Concord; man charged in Rochester choking - 0
- Grieving Epping mother continues lonely vigil for son - 0
READER COMMENTS: 0
- U.S. appeals court ruling ends Obamacare subsidies for coverage through exchanges such as NH's - 10
- 37 hikers rescued from Mt. Major in Alton during weekend - 2
- Rochester eyes another Legion baseball crown - 0
- Only a freshman, Kennedy excelled on the track - 0
- Looking Back With Aurore Eaton: The Manchester Opera House makes its stunning debut - 0
- Another View -- John Dumais: Mandatory GMO labeling is all cost, no benefit - 5
- What’s the rush? Executive Council follows Pelosi plan - 2
- On Baseball: Fisher Cats prove point - 0
- Evan Turner, Celtics see upside in new deal - 0
Market Basket workers urged to 'shut it down'; deposed CEO urges fired workers be given jobs back
Shaheen's record: On insurance, it is dismal
Anti-SUV flop: Americans love utility
Police say boy, 6, found in getaway car
U.S. appeals courts issue conflicting rulings on Obamacare exchange subsidies such as NH's
- Mass. Supreme Judicial Court has found upskirt photos taken on a subway aren't illegal. Should such voyeurism be a crime?
- Total Votes: 917