NY authorities deal Russian mob a losing hand

12:03 PM, Apr 20, 2013   |    comments
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NEW YORK (AP) - A new federal case in New York is offering fresh insight into the Russian mob, gambling and money-laundering around the globe.
 
The sprawling case has its roots in Russia, where prosecutors say a reputed mob boss was paid to settle disputes over an international sports betting ring.  And an alleged ringleader in the United States has been accused of overseeing a bookmaking operation from his multimillion-dollar apartment in Trump Tower on Fifth Avenue.
 
Prosecutors say the ring relied on shell companies in Cyprus and the U.S. to launder at least $100 million in illegal proceeds.
 
Among the dozens of defendants are a Manhattan art gallery owner and a woman known for hosting poker games that have attracted movie-star players. Both pleaded not guilty Friday in federal court in Manhattan.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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