OPERATION “SHORE BET” DISMANTLES $1 MILLION PER WEEK GAMBLING OPERATION
(FREEHOLD) An extensive investigation into a $1 million-a-week organized gambling enterprise operating in the Monmouth County region culminated Monday with the arrest of 22 individuals, the seizure of a dozen vehicles, more than $500,000 in cash, and the freezing of financial accounts used to facilitate the criminal activity, announced Acting Monmouth County Prosecutor Christopher J. Gramiccioni.
CLICK HERE FOR PHOTOS OF THE DEFENDENTS
The 18-month joint investigation conducted by the Monmouth County Prosecutor’s Office with the New Jersey Department of the Treasury, Somerset County Prosecutor’s Office, Monmouth County Sheriff’s Office, and the Asbury Park, Deal, Freehold Township, Howell, Marlboro, Ocean, Red Bank and Wall Police Departments culminated Monday with the execution of search and arrest warrants with the assistance of the officers from the Long Branch, Monmouth Beach, Oceanport, Toms River, and West Long Branch Police Departments.
The investigation revealed a well organized gambling enterprise extending throughout Monmouth County and into Somerset, Essex, and Hudson Counties and the State of New York. Members of the enterprise laundered the proceeds of their criminal activity through various methods to avoid reporting requirements and to mask the true ownership and source of the ill gotten gains. Additionally, it was discovered members of the organization also engaged in the sale and distribution of marijuana and prescription drugs.
Posted: June 25th, 2013 | Author: admin | Filed under: Monmouth County Prosecutor, Press Release | Tags: Monmouth County Prosecutor's Office, Operation Shore Bet, Press Release | 6 Comments »