Greensburg Man Facing Money Laundering, Gambling Offenses
GREENSBURG (KDKA) — According to his tax records, he was barely able to make a living. But police say they found nearly $2 million stashed inside his house.
John Caccamese wasn’t home when KDKA’s Trina Orlando went to his house in Greensburg on Friday.
Police charged Caccamese this week with money laundering and gambling offenses after what they are calling an extensive investigation.
“Our investigation started back in October of 2010 and it’s still going on now,” said Trooper Steve Limani, of the Pennsylvania State Police.
Police say a tip lead them to serve numerous search warrants that uncovered more than $1.6 million in cash.
Nearly $800,000 was found in Caccamese’s Lexington Drive home. Nearly $600,000 was found in Delaney’s Pub in Youngwood, which Caccamese owns.
Another more than $300,000 was split between two safety deposit boxes at area banks.
“He was involved in sports book making when it came to taking bets on games, sports activities, tickets, things of that nature and he was doing it illegally,” said Trooper Limani.
State police worked closely with the Westmoreland County District Attorney’s Office, and also got help from a forensic auditor in the Fayette County District Attorney’s Office because of the large sum of money.
Police say the investigation made it clear the $1.6 million could only have been obtained through illegal activities.
“It’s an unbelievable amount of money to have laying around,” Trooper Limani added. “You figure $1.6 some million be spread up between two safety deposit boxes, your house and a bar, that’s an awful lot of money to just have lying around.”