U.S. man gets four months prison for operating sportsbook in Costa Rica
A U.S. federal court on Wednesday sentenced Frank Potolicchio, 34, to four months in prison and three years of supervised release for his involvement in an illegal sports bookmaking operation based in Costa Rica, the FBI reported on its website.
U.S. District Judge Vanessa L. Bryant in Hartford, Connecticut, also ordered Potolicchio, a Norwalk resident, to forfeit $100,000.
According to court documents and statements, after a long investigation led by the FBI Fairfield County Organized Crime Task Force, the Internal Revenue Service Criminal Investigation unit, and the Stamford Police Department, Potolicchio and 19 other individuals were charged with various offenses related to their involvement in an illegal Internet sportsbook and illegal card gambling clubs in Stamford and Hamden that were controlled by the Gambino Crime Family of La Cosa Nostra.
“The investigation, which included the use of court-authorized wiretaps, revealed that Potolicchio was involved in a large-scale sports bookmaking operation in which gamblers placed bets with offshore Internet sports-gambling websites, particularly www.44wager.com, based in Costa Rica,” the FBI report stated.
FBI analysis of the sports-betting website utilized by the defendants determined that the total gross revenues of the gambling operation were nearly $1.7 million from October 2010-June 2011.
On Feb. 13, Potolicchio pleaded guilty to one count of operating an illegal gambling business.
You may be interested
Why Birds and Birders in Costa Rica Flock to MonteverdeDorothy MacKinnon - January 24, 2021
What makes Monteverde a must-stop on almost every birding tour of Costa Rica? To paraphrase the real estate experts: habitat,…
US, Mexico, Guatemala bar migrant caravans, citing CovidAFP - January 24, 2021
The United States, Mexico and Guatemala agreed Friday to bar migrant caravans from passing through their territories due to the…
Costa Rica and IMF reach technical agreement on fiscal adjustmentAFP and The Tico Times - January 23, 2021
Costa Rica and the International Monetary Fund (IMF) announced Friday an agreement to balance the country's finances, which rules out…