From the AP (link taken from Repoz and Baseball Think Factory)

Prosecutors brought charges against 27 people in connection with a billion-dollar-a-year Internet sports gambling ring, including men identified by authorities as a professional baseball scout and a high-stakes poker player.

The charges were brought in connection with a site called, run by the poker player, James Giordano, 52, of Pine Crest, Fla., Police Commissioner Raymond Kelly and Queens District Attorney Richard Brown said Wednesday.

Also charged was Frank Falzarano, 52, of Seaford, N.Y., identified by prosecutors as a scout for the Washington Nationals and a former scout for the San Francisco Giants. His alleged role in the operation was not immediately clear.

Search warrants executed in several locations resulted in the seizure of gambling records, computers and hundreds of millions of dollars in property.

The property includes four Manhattan condominiums, millions of dollars in cash, tens of thousands of dollars worth of casino chips from the Bellagio casino in Las Vegas, art, jewelry, gold coins, and a football signed by the 1969 New York Jets following their Super Bowl victory.

The scheme involved placing sports bets through bookies via a secure Internet site. The bets were taken on all kinds of sports, including football, baseball, basketball, hockey, car racing, and golf.

You’re probably as shocked as I am. 27 men arrested….and none of ’em were named John Franco or Paul Lo Duca?