Three Syracuse men charged in $50M gambling bust by Catie O'Toole Saturday March 29, 2008, 11:12 AM Syracuse, NY - Three Syracuse men arrested in a $20.3 million gambling operation in Central New York three years ago, are now accused of getting involved in one of the largest-scale gambling busts in the Capital Region.
George Bedigian, 63, of North McBride Street; Salvatore Tumino, 70, of North Salina Street; and Michael LoSurdo, 41, of Lakeside Road, are accused of taking part in a $50 million Internet sports betting ring, beginning in September 2006 and ending this month, according to The Albany Times Union.
The men were arrested Friday in the 800 block of North McBride Street in Syracuse.
Bedigian, considered by police as a longtime bookmaker, was named one of two "ringleaders" in the $50 million gambling operation, The Times Union reported.
In all, 12 men and one woman were arrested.
Bedigian and LoSurdo were charged with enterprise corruption, the state's version of the federal racketeering law.