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Man Charged With Gambling Away PPP Funds, Betting Network Busted

Written by:
Jagajeet Chiba
Published on:
Jul/20/2020

Andrew Marnell, 40, a resident of the Beverly Grove neighborhood of Los Angeles, has been arrested and charged federally with fraudulently obtaining some $9 million in coronavirus relief funds and using some of the money to gamble in Las Vegas.


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Prosecutors say he used some of the money to make risky stock market trades and squandered hundreds of thousands of dollars at the Bellagio Hotel and Casino and other gambling establishments in Las Vegas as recently as last weekend.

Authorities said Marnell, who was due back in court next Tuesday, faces up to 30 years in prison on the bank fraud charge.

Three members of a Western Pennsylvania numbers-running and sports-betting network pleaded guilty Monday in Westmoreland County to their roles in what state prosecutors contend was a major gambling ring with ties to organized crime that generated millions of dollars.

Deputy Attorney General Mark Serge said the men were “low-level” operators in the criminal organization led by Robert Iannelli and his son, who are charged in connection with an investigation that included five wire taps over a six-month period between late 2016 and early 2017.

- Jagajeet Chiba, Gambling911.com

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