Peter Limone, 74, of Medford, was charged with 12 counts of attempted extortion, loan-sharking and illegal gaming.

Peter Limone, 74, of Medford, was charged with 12 counts of attempted extortion, loan-sharking and illegal gaming. He’s accused of running a ring of bookmakers who took bets on sporting events and charging other bookmakers to work on his turf in the Boston area and Middlesex County.Limone spent more than three decades in prison for a 1965 gangland murder that he didn’t commit. He won part of a $101.7 million civil judgment last year after a federal judge found that Boston FBI agents withheld evidence they knew could prove that he and three other men weren’t involved in the killing.Attorney Juliane Balliro argued Limone should be released on bail, citing his wrongful conviction and decades behind bars.“No defendant in the Commonwealth is as deserving of the presumption of innocence as Mr. Limone,” Balliro said.
After spending the night in jail, Limone smiled and waved at his wife as he was arraigned on the new charges Friday. He stayed in a small room off the courtroom while the charges against him were read.“I’m feeling good,” he said as he left Middlesex Superior Court after posting $5,000 bail. He declined to comment on the charges, which carry sentences from two to 15 years and $35,000 in fines.
Three other men who also arrested in the gaming scheme pleaded innocent: Joseph DiPrizio, who allegedly ran the organization’s central booking office; Thomas Palladino, who allegedly handled payments and collections; and Anthony Squillante, who authorities said served as an intermediary between Palladino and Limone.
Limone charged tens of thousands of dollars in rent to four bookmakers who wanted to operate within Limone’s territory, and took in hundreds of thousands of dollars in gambling funds, prosecutors said.