(WKTV) - An Otego man faces three charges after an eight-month investigation into a bookmaking business in Oneonta, the Otsego County Sheriff's Office said.
John Nelson Chapman, 50, of Otego, is charged with promoting gambling in the first degree, possessing gambling records in the first degree and money laundering in the fourth degree.
According to officials, the sheriff's office investigators received information last summer that "Chappy" was the largest bookie in Oneonta. For eight months, investigators uncovered evidence and developed probable cause that led to the issuance of a search warrant for Chapman's home and vehicles. The warrant was served Friday.
Investigators seized $37,389 in currency, $3,790 in money orders, numerous gambling records containing bets, money owed, money earned and client information. Authorities say Chapman's 2007 Chevrolet Impala had gambling records in it, as well as two cellular telephones.
Further investigation showed Chapman allegedly profited from illegal gambling activity by engaging in bookmaking, where in one day he received or accepted more than five bets totaling $5,000. Authorities allege Chapman used gambling proceeds to buy money orders to further continue his illegal gambling activities.
Chapman was issued an appearance ticket and will appear in Otego Town Court in April. If convicted, he faces up to 12 years in prison.