Police in suburban New York have arrested eight people in a sports betting operation as investigators crack down on mob-run gambling and loansharking.

The Journal News reports authorities said Thursday that the 10-month investigation focused on illegal high-interest street loans and an Internet off-shore gambling web site.

Investigators seized illegal gambling records, computers and more than $750,000 through warrants in Florida, New Jersey, New York and Pennsylvania.

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Those arrested are accused of collecting bets and pressuring people who borrowed money at interest rates topping 25 percent to make payments.

The suspects were arraigned and released without bail.