Mob-Tied Chicago Bookmaker Charged Again

A 66-year-old bookmaker from Chicago has been charged with running an illegal sports betting business.

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Gregory Emmet Paloian is alleged to have run the gambling business for four years, starting in 2015, in Chicago, Melrose Park and his hometown Elmwood Park, according to a two-page charging document filed Friday in Chicago.

Paloian had previously been sentenced to 3 1/2 years in prison in 2002 for running a bookmaking operation with mob-connections.

According to the Chicago Sun,

Paloian began his career taking bets in the late 1970s in Riis Park on the West Side, the Sun-Times has reported. He eventually transitioned to taking his bets by cellphone — always on the move — and had allegedly swallowed sheets of booking paper to destroy evidence when confronted by police.

During a 1998 raid of his home, police found $6,090 in his pocket and $150,000 in cash in the house, as well as jewelry, diamonds and Krugerrands, the Sun-Times reported then. Most was stashed in safes in a secret room behind a false basement wall.

Federal authorities are also looking to seize more than $274,000 and a 2017 Audi owned by Paloian.

- Jagajeet Chiba, Gambling911.com