Posted: Jan 13, 2012 9:24 AM by AP
Updated: Jan 13, 2012 9:24 AM
NEW ORLEANS (AP) - A Hammond, La., man has pleaded guilty to operating an illegal sports betting business and tax evasion.
Federal prosecutors say 51-year-old Joseph A. Schillace IV has agreed as part of his guilty plea Thursday to pay more than $464,000 in restitution to the Internal Revenue Service.
Schillace was charged with financing and managing the illegal gambling business between January 1999 and April 2011. Prosecutors say he set up a "call center" at a Hammond apartment where gamblers could phone in bets.
Schillace faces up to 10 years in prison. His sentencing is set for April 26.