New York State Attorney General Eric Schneiderman and New York City police commissioner Ray Kelly announced a major takedown of organized crime activity today.
The long-term investigation focused on gambling and loan sharking rings — the real moneymakers for the Gambino crime family.
Kelly said that the 37 defendants were rounded up in a series of early morning raids.
Investigators had used wiretaps, video surveillance, GPS tracking, and bugs placed inside various locations to make their cases.
When the defendants conducted business on street corners, undercover cops were watching.
According to the charges, some of the gambling operations on professional sports and horse racing were run out of offshore wire rooms that generated millions of dollars in wagers.
The investigation was called “Operation Flat Rate.”
4 boroughs and NJ are represented!