A federal fugitive was arrested at Aqueduct last Wednesday on charges he was laundering money through several New York Racing Association wagering accounts he had fraudulently opened.
Ervin Caspi, a 49-year-old naturalized citizen from Romania who resided at a hotel in Queens, faces up to 15 years in prison if convicted on charges of money laundering, credit card fraud, identity theft, forgery, and grand larceny. Caspi had also been sought for more than five years by federal authorities for credit card fraud in New Jersey.