Please note: Over-the-air viewers in Milwaukee need to re-scan televisions on Friday, October 18 to continue to receive CBS58, WMLW, MeTV, Telemundo Wisconsin, Heroes & Icons, Bounce, Decades, Start TV, Movies! and most other local channels. Those viewers unable to currently receive these stations over-the-air should see improved reception on October 18. Cable and satellite viewers are not impacted.

Further information on the re-scan can be found at:
https://www.cbs58.com/rescan

Tip Line: 414-777-5808 | newsdesk@cbs58.com

"Operation Shark Bait:" Reputed Genovese Mobsters Nabbed in Offshore Gambling Ring

NEW YORK (CBS NEWS) -- More than a dozen reputed members of New York’s infamous Genovese crime family have been arrested on a slew of charges stemming from a bust dubbed “Operation Shark Bait.”

New York Attorney General Eric Schneiderman’s office says the 13 alleged mobsters indicted Thursday were part of a lucrative illegal offshore gambling ring that also trapped victims in loan schemes.

The defendants allegedly ran the multimillion-dollar gambling operation through a “wire room” in Costa Rica that handled wagers on college and professional sports.

Schneiderman says the group’s loansharking business charged “outrageous” interest rates on loans that were impossible to repay.

“Despite these Genovese members continued attempts to evade detection, our investigation revealed millions in offshore sports betting, lucrative loan sharking, and tax evasion,” New York City Police Commissioner James P. O’Neill said in a statement.

Investigators captured much of the suspects’ alleged illegal interactions through intercepted conversations.

Two reputed mobsters were also charged with evading state taxes for selling more than 30,000 illegal cigarettes in New York.

Share this article:
Save with
Are you sure you want to delete this comment?
Close

0 Comments

Post a comment
Are you sure you want to delete this comment?