Nov 14, 2013
Nov 6, 2013
Oct 30, 2013
Oct 23, 2013
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
- Conn. tractor-trailer driver charged in Manchester hit and run - 1
- Goffstown man held in Triangle Credit Union robbery, burglaries - 0
- 2 Bay State men arrested for Peterborough credit union robbery - 1
- Hudson man facing DWI charge after crash - 0
- Police recover stolen SUV investigating burglary - 0
- Woman arrested after crash at Dover tolls, facing DWI charge - 0
- Fugitive of the week: Juan Zayas-Diaz - 0
- Man turns himself in for Dover burglary warrant - 0
- Police say Laconia man threatened toddler - 0
READER COMMENTS: 0
- Gas tax increase would be tied to consumer price index - 1
- Dingman granted conditional parole - 3
- Suicide bomber, gunmen kill 52 in Yemen - 0
- John DiStaso's Granite Status: Scott Brown to be in Londonderry tonight, says 'nothing is really changed' on political plans - 10
- Minimum wage rally at South Willow McDonald's - 13
- Frisbie hospital seeks hearing on network exclusion, information denial - 0
- Ayotte praised over attempt to change broadband funding - 0
- Pats prepare for Browns' bag of 'tricks' - 0
- Believe it: Celtics are in first - 0
Dingman granted conditional parole
John DiStaso's Granite Status: Scott Brown to be in Londonderry tonight, says 'nothing is really changed' on political plans
- Should applicants for jobless benefits have to pass a drug test?
- Total Votes: 1424