Two Men Plead Guilty To Loan Sharking

posted by John Baibak -

Two men recently released from prison  for racketeering in the mid-1990s are pleading guilty to new charges of  loan-sharking and money laundering.  

Springfield  residents Rex Cunningham and Brian Hoyle entered the pleas in Hampden  Superior Court on Wednesday and agreed to serve a year in county jail.   

Massachusetts State Police say the two ran a gambling ring based at two  bars in the city.  

The pair were scheduled for hearings  for their cases on Wednesday when the plea deals were abruptly  announced. 

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