March Madness Sports Ring Busted
Published: Tuesday, March 28, 2006 Online-Casinos.com
MARCH MADNESS SPORTS RING BUSTED
$45 million Brooklyn operation closed down
Chinatown and Gambino operators were allegedly among a $45 million sportsbetting ring closed down by the New York authorities this week reports the New York Daily News.
Brooklyn authorities said that with the March Madness betting reaching a peak, a number of Brooklyn premises were raided in a bust, dubbed Kings Flush 2006 March Madness that netted $300,000 in cash and scores of computers at call centers.
Brooklyn District Attorney Charles Hynes reported that: "Seven of the men arrested early Saturday are suspected of being soldiers in the Chinese Fukanese [Ed. note: we kid you not - this is their name!] street gang. Three more have ties to the Gambino crime family."
The investigation, led by detectives in Hynes' office, began in November 2005 and zeroed in on several wirerooms in Brooklyn, Queens and lower Manhattan, where the defendants allegedly took bets phoned in prior to major pro and college sports events.
The 11 locations, mostly low-rent apartments in residential neighborhoods, typically consisted of phone banks, computers and two or three people taking the calls, investigators said.
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