United States v. Iacaboni

HOWARD, Circuit Judge.

In March 2002, Frank Iacaboni pleaded guilty to charges arising out of his operation of an illegal gambling business. He appeals the district court’s subsequent forfeiture order, contending that the court erred in its determination that $384,245 should be forfeited. Concluding that the district court’s reasoning is sound as to the bulk of the award, we affirm in part, but reverse and remand as to one category of funds included in the forfeiture.

I. Factual and Procedural Background

From 1995 through March 1998, Iacabo-ni conducted an illegal sports gambling operation in…