Apr 10, 2014
Apr 3, 2014
Mar 12, 2014
Mar 5, 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
- Manchester Crimewatch: Man accused of writing company checks to himself - 0
- Police say man clocked doing 100 on Route 11 in Wilmot - 0
- Portsmouth arrests 2 for heroin sales - 2
- Student brings knife into Nashua school - 0
- Ex-director jailed for theft from Londonderry nursery school - 1
- Ex-coach found not guilty on sexual assault charges a second time - 7
- Derry woman accused of burglaries - 0
- Scam artists calling PSNH customers, demand money - 0
- Manchester police investigate home invasion on Merrimack Street - 0
READER COMMENTS: 0
- 2 officers, Weare face civil suit over 2012 burglary arrest - 0
- Roger Brown's Diamond Notes: Central the early surprise in baseball ranks - 0
- Death & justice: Officer Briggs is not forgotten - 0
- Decency displayed: Havenstein's nice start - 0
- P-Bruins in fight to finish - 0
- NHIAA Roundup: Dubois' homer lifts BG girls over Exeter - 0
- Sox rally in ninth to win - 0
- Fisher Cats' hitters can't solve Binghamton hurlers - 0
- Burglars take $210K in cash from safe in Salem home - 0
IT overload: Bureaucracy on bureaucracy
Portsmouth arrests 2 for heroin sales
Decency displayed: Havenstein's nice start
Manchester superintendent kills controversial redistricting plan following parental opposition
- Mass. Supreme Judicial Court has found upskirt photos taken on a subway aren't illegal. Should such voyeurism be a crime?
- Total Votes: 917