Portland Man Runs High Stakes Gambling for 14 Years

Stephen Mardigan from Portland pleaded guilty to running a multi million dollar gambling operation from his house and business in Portland for 14 years!

What makes this even crazier is that Mardigan did all this betting from his house on Baxter Blvd and his business Avenue Auto on Forest Avenue.

Officials got almost three quarter of a million dollars in cash and jewelry from Mardigan and others they think were involved. He's pleading guilty to unlawful gambling, money laundering and filing a false tax report.

He admitted that he ran an illegal gambling operation from his home and business and took bets on all sorts of sporting events. The bets were anywhere from 30 dollars to 10,000 dollars. But there were some bets that were in the millions.

According to the Press Herald:

During the period from July 2008 to June 2016, according to the documents, Avenue Auto reported only 57 sales, but Mardigan deposited more than $11.3 million in Avenue Auto accounts.

Um, I wish my check book worked that way. Then he's looking at laundering charges because he took some of his winnings and bought tons of property including his almost million dollar home on Baxter Boulevard.

And of course, he didn't pay taxes on this stuff either....duh. Next up is how much time he'll spend in prison because of it.