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Gambling Ring Busted Before Paying Winners

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    NEWSLETTERS

    TK
    Shutterstock

    An alleged bookie accused of accepting bets on the NBA finals between the Mavericks and the Heat has been charged with money laundering.

    The Bexar County Sheriff's Office says 67-year-old Federico Felan of San Antonio was arrested Monday and nearly $161,000 was seized, along with possible gaming tickets and ledgers.

    The Dallas Mavericks beat Miami on Sunday night for the NBA title and the money was confiscated from Felan, his car and his home allegedly before he could pay off any winners.

    Lt. Tammy Burr described Felan as a career bookie and his arrest came after a long-term investigation. Burr says more arrests are expected.

    No attorney could immediately be located Tuesday for Felan.