Giallanella Pleads Guilty to More Charges

The convicted loan shark with mob ties was sentenced to more prison time.

Just a couple weeks after being Joseph Giallanella of North Andover pleaded guilty to another set of charges in Middlesex County.

Giallanella, 64, pleaded guilty in Middlesex Superior Court Monday to three counts of criminal usury, conspiracy to commit attempted extortion and attempt to procure perjury before a Grand Jury.

Judge Maureen Hogan sentenced Giallanella to serve two years in state prison.

Giallanella was charged in 2011 with conspiracy and receiving stolen property along with three other men with ties to a Boston mob in connection to embezzlement of almost $660,000 from a temp agency in Wakefield.

According to prosecutors, the men who embezzled the money used it to pay gambling debts to Giallanella, a loan shark, by paying money toward Giallanella's mortgages.

Giallanella and the other men were already out on bail for charges of with assault and battery, intimidating witnesses and extortion, among other crimes, after a lengthy investigation into the alleged widespread organized crime empire of accused Boston mob boss Mark Rossetti. Rossetti's organization allegedly engaged in drug trafficking and other serious crimes as well.

“The investigation into this extensive criminal organization began when authorities starting looking into Giallanella’s reputation as a bookmaker and loan shark,” Coakley said Tuesday after the sentencing. “With this sentence, nearly 20 defendants have been found guilty and sentenced in connection with that criminal enterprise."

Giallanella pleaded guilty in January of this year in Essex County to managing a gaming enterprise, use of a telephone for gaming, criminal usury, two counts of conspiracy and two counts of accessory after the fact of larceny. He was sentenced to serve two-to-four years in that case.

Giallanella's Essex County sentence will run concurrently -- at the same time rather than consecutively -- with his Middlesex County sentence.

Essex County District Attorney Jonathan Blodgett's office, in cooperation with the Massachusetts State Police, began investigating Giallanella's loan sharking activities in 2009. That investigation eventually expanded into an investigation into organized crime throughout the eastern part of the state, Blodgett's office said in a statement Wednesday.

And in 2010, a grand jury had indicted 31 people in connection to drug trafficking, extortion, gaming, loan sharking, home invasion, kidnapping and illegal possession of firearms. Almost 20 of them have since been convicted.








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