Retired Toronto City Bureaucrat Allegedly Part of Gambling Ring Run By Hells Angels Hitman

Submitted by Jagajeet Chiba on

Written by :

Jagajeet Chiba

Published on :

The RCMP has charged long time, and now retired, Toronto city bureaucrat Kypros (Kyp) Perikleous with being part of a violent gambling ring run by an ex-Hells Kitchen hitman.  Perikleous lawyers says their client is innocent and will plead Not Guilty to the charges, which were announced in late March.

ads-life-300x250-1.gif

The mounties charged 16 people following raids on eight homes and five gambling dens throughout the Toronto area.  Guns and $250,000 in cash were seized.

The arrests reportedly dismantled a massive online sports betting ring run by Paris Cristofuoro, considered by some to be among the most feared Hell's Angels associates.  Cristofuoro nearly escaped hitmen back in 2018.

His enemies have grown to include members of the powerful Hells Angels chapters from Sherbrooke and Trois-Rivières, Que., which kicked him out of the international club that same year.

In 2006, Christoforou, along with another man, were sentenced to nine years in prison for a botched shooting at a Toronto sandwich shop that left bystander Louise Russo paralyzed.

middle-finger.png

Mass Mess: 'Biggest F You I've Seen to a Regulator From a Licensee in 20 Years'

Massachusetts regulators were given the finger in recent days after 10 sportsbook operators declined to participate in a roundtable discussion about limiting players.

Is Being a Bookie Legal?

Depending on where you are located in the world will determine whether or not it is legal to be a bookie in that area. Every country and even state and province has its own specific laws regarding being a bookie and accepting bets on sports, and often times the answer is not a straight yes or no.

Perikleous was on the city payroll as director of transportation services but had to retire from his post in December due to heart issues.  He had been on medical leave.

Police say Perikleous was illegally engaging in illegal bookmaking "for the purpose of enhancing the ability of a criminal organization, namely the Greek Syndicate to commit an indictable offence." 

He is also charged with possession of more than $5000 cash and an improperly stored firearm.

The RCMP claim that Perikleous was "close enough to the centre of power to warrant the criminal organization charge".

Colleagues of Perikleous expressed shock when approached by the Toronto Sun this week.

According to the Sunshine List, Perikleous earned $188,102 while working for the city and $118,922 while on medical leave last year.

jagajeet_1.png

Related Content

PPH World Cup Game Prop Bets - France vs. Spain

PPH World Cup Game Prop Bets - France vs. Spain

Bookies across the globe are making out like bandits this World Cup, assuming of course they have the very best in soccer betting software.
Venetian Will Have to Pay $7.2M Fine Over Orange County, California Bookie Case

Venetian Will Have to Pay $7.2M Fine Over Orange County, California Bookie Case

The Venetian Casino becomes the fourth having to pay a fine for its relationship with a San Juan Capistrano, California bookie.
Tennis Betting Software for Wimbledon: Why Some Bookies Are Missing Out

Tennis Betting Software for Wimbledon: Why Some Bookies Are Missing Out

It goes without saying why bookies are loosing out in a big way by failing to offer the very best in tennis betting software to their players, especially with events such as the French Open, Wimbledon (currently underway as we write this) and the upcoming U.S . Open.
PPH World Cup Game Prop Bets - England vs. Mexico

PPH World Cup Game Prop Bets - England vs. Mexico

Sportsbook operators across the globe will be excited about this classic World Cup match competition taking place Sunday between two soccer powerhouses, England and Mexico.