TUCSON, Ariz. — A Tucson man has been sentenced to nearly 12 years in
federal prison for defrauding more than 1,600 people.
Prosecutors say 47-year-old Anthony Mark Boscarino had pleaded guilty earlier
this year to 43 charges including fraud, money laundering and tax evasion.
In addition to a 135-month prison term, Boscarino was ordered to pay
restitution of $6.5 million to 1,685 victims and also pay $1.3 million in unpaid
Prosecutors say Boscarino was involved in multiple frauds using his Internet
sports handicapping site, which operated under several names.
Boscarino was accused of soliciting victims to invest in gambling junkets to
Las Vegas, oil well projects, collateralized mortgage obligations and several
He was indicted in 2010.