Elmwood Park bookmaker busted

[cavita]

It says they only handled $2,000 in wagers a day

Is that a misprint ? As that is a tiny tiny book

I believe that is all federal agents could prove.

[Wiseguy]

It says they only handled $2,000 in wagers a day

Is that a misprint ? As that is a tiny tiny book

I believe that is all federal agents could prove.

You will see the $2,000 a day figure in just about every bookmaking case. It's the minimum legal amount set for prosecution. It means an operation was handling at least that amount daily, not necessarily on what the actual figure was.

[TommyNoto]

Got it , thanks

[Cheech]

These chicago threads are always gold. Some guy maybe connected. Maybe not. Gets 5 pages.

Serious question. I am not trolling. Whats the fascination with Chicago?

[Frank]

I think at this point in time alot of it has to do with the fact that LE still has them as a viable Family, and posters are trying to figure out who and what is left of the Outfit.

[Tonyd621]

It says they only handled $2,000 in wagers a day

Is that a misprint ? As that is a tiny tiny book

I believe that is all federal agents could prove.

You will see the $2,000 a day figure in just about every bookmaking case. It's the minimum legal amount set for prosecution. It means an operation was handling at least that amount daily, not necessarily on what the actual figure was.

Huh, that's an interesting side note. Why is that?

[Wiseguy]

Huh, that's an interesting side note. Why is that?

It's just the minimum amount they set by law. I suppose they figured anything less was peanuts and not worth prosecution.

[PolackTony]

These chicago threads are always gold. Some guy maybe connected. Maybe not. Gets 5 pages.

Serious question. I am not trolling. Whats the fascination with Chicago?

Some of us are also from Chicago, and in several cases from neighborhoods that historically had a big Outfit presence, so there's often a significant layer of personal interest. Couple that with Frank's response and the fact that Chicago was a huge deal until they got battered and declined, and the intense interest make sense.

The Outfit was one of the major families historically, and then they declined so sharply within our lifetimes (due to a convergence of factors that are themselves of historical interest). Something remains, but the scale and activities, etc of it are still unclear. Without a big RICO bust with a made guy (a la Family Secrets) spilling the beans, we're largely in the dark, so any small thing will generate some discussion. As I often joke, if a bookie takes a piss on an L platform, there might be a thread about it.

[funkster]

Is it a big deal? Not really. Is he connected? It's not really a maybe he is and has been known to be for years. He's in the indictment referring debtors to get juice loans from a known member of the Outfit and who some watchers consider high ranking.

Here's an article from a 2002 bust calling him a "mob financier".

https://www.nwitimes.com/uncategorized/ ... c2e95.html

[PolackTony]

Scott B. dropped a short piece on Paloian:

https://gangsterreport.com/melrose-park ... 4l4BXSnZFg

[cavita]

Scott B. dropped a short piece on Paloian:

https://theblackhand.club/melrose-park- ... 4l4BXSnZFg

I can't get anything from the link except a blank "Bluehost" page.

[Ozgoz]

These chicago threads are always gold. Some guy maybe connected. Maybe not. Gets 5 pages.

Serious question. I am not trolling. Whats the fascination with Chicago?

Some of us are also from Chicago, and in several cases from neighborhoods that historically had a big Outfit presence, so there's often a significant layer of personal interest. Couple that with Frank's response and the fact that Chicago was a huge deal until they got battered and declined, and the intense interest make sense.

The Outfit was one of the major families historically, and then they declined so sharply within our lifetimes (due to a convergence of factors that are themselves of historical interest). Something remains, but the scale and activities, etc of it are still unclear. Without a big RICO bust with a made guy (a la Family Secrets) spilling the beans, we're largely in the dark, so any small thing will generate some discussion. As I often joke, if a bookie takes a piss on an L platform, there might be a thread about it.

This is it. What’s fascinating about Chicago is the huge power they held at one point and what they are now.
Even though some families are extinct, and Chicago is on fumes, there’s been no greater decline.

And it was like, a little in the 90s with DiFronzo winding down, then a big wallop with family secrets in ‘07. For me Chicago are an icon of the 20th century. And how we used to view the 1800s and the Wild West, in time, and it’s happening now, the 1900s will be viewed in the same way, almost lawless.. and as I say the Chicago LCN are emblematic of that timeframe.

[Cheech]

Is it a big deal? Not really. Is he connected? It's not really a maybe he is and has been known to be for years. He's in the indictment referring debtors to get juice loans from a known member of the Outfit and who some watchers consider high ranking.

Here's an article from a 2002 bust calling him a "mob financier".

https://www.nwitimes.com/uncategorized/ ... c2e95.html

You made my point for me. This thread will be 10+ pages. Its crazy

[PolackTony]

Scott B. dropped a short piece on Paloian:

https://theblackhand.club/melrose-park- ... 4l4BXSnZFg

I can't get anything from the link except a blank "Bluehost" page.

For whatever annoying reason this seems to happen whenever one tries to post links to Gangster Report here.

Just replace "the blackhand.club" in the url with "gangsterreport.com".

[PolackTony]

Jesus Christ. Whatever changes the gangster report URLs even changes me mentioning the domain name lol. I'll just post Scott B's article inline:
"MELROSE PARK BOOKIE LOOKING AT TIME BEHIND BARS, CHICAGO OUTFIT AFFILIATE COPS PLEA IN GAMBLING CASE

January 10, 2021 – Chicago mob-connected bookmaker Greg Paloian pleaded guilty to federal gambling charges this week. Paloian was busted for bookmaking back in the fall. He’s been running an Outfit-backed sports gambling operation in Melrose Park and Elmwood Park since 2015 and faces three years in prison at his sentencing hearing in April.

The 66-year old Paloian is tied to reputed Outfit underboss and Cicero crew skipper James (Jimmy the Icepick) Inendino. His rap sheet goes back decades and includes convictions for racketeering, bookmaking and loan sharking.

According to a 2002 sentencing memo, Paloian was a part of the Cicero mob regime. As part of 1998 racketeering case, Paloian admitted his friendship with Inendino and the fact that would send his bookmaking customers in need of a street loan to “Jimmy I,” a man suspected in taking part in multiple gangland hits as a member of the so-called “Wild Bunch” hit team of the 1970s and 80s. The Wild Bunch was the Cicero crew’s enforcement wing.

Inendino, 77, has led the Circero crew since 2010. Per sources, he was recently promoted to the organization’s No. 2 slot, per sources. Jimmy I did eight years in federal prison for racketeering in the 2000s,

When the feds raided Paloian’s residence in 1996, agents discovered $200,000 in cash, a cache of jewelry and a box containing uncut diamonds and South African Krugerrand. A Paloian-owned trucking company was probed in the much-covered Hired Truck Scandal from the early 2000s, however, Paloian was never indicted in the case."