Five Stark County residents are being charged with conspiracy to launder more than a half-million dollars obtained through an illegal bookmaking operation.
A federal grand jury Wednesday returned an indictment in the case, according to Steven Dettelbach, U.S. Attorney for the Northern District of Ohio.
Charged with conspiracy to launder monetary instruments are: Joseph D. Nemeth, 49, and Rhonda Albaugh, 45, both of Lake Township; and Canton residents Joseph M. Nemeth, 75; Helen C. Nemeth, 75; and Robert T. Johns, 66.
The indictment alleges that all of the defendants conspired to launder at least $530,000 between 2004 and 2013. All but $15,000 of these transactions occurred after Nov. 1, 2008, according to the indictment.
In addition, Joseph D. Nemeth faces one count of transmitting wagering information in interstate commerce. He is accused of accepting wagers on professional and college basketball and football games, and collecting a percentage off the bets. Dettelbach said he used offshore Internet gambling services to record and process bets placed by his gamblers and travelled to various businesses and residential locations to meet with bettors, reconcile accounts and collect or pay money.
The indictment says Joseph D. Nemeth instructed Robert Johns and other gamblers to pay some of their loss debts to him by paying Rhonda Albaugh by check, which she then deposited into various bank accounts.
Joseph D. Nemeth and Albaugh opened numerous credit card and bank accounts and utilized them to receive payments from various gamblers, the indictment says. They then invested illegal gambling proceeds in real estate and construction projects titled in the names of others, including Helen Nemeth and Joseph M. Nemeth.
The investigation preceding the indictment was conducted by the U.S. Secret Service and its Money Laundering Task Force.
The matter was presented to the grand jury by Assistant U.S. Attorneys Robert E. Bulford and Robert J. Patton.
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