Originally Posted By: HairyKnuckles
Originally Posted By: danielperrygin
Going back some: since Chin was 21-4 with only one ko, how many where fixed? Did he pay the judges, cause only one guy "took a fall".


The mob made money on boxers much the same way as the mob did/do with "pump and dump" schemes on Wall Street. Having a boxer with, let´s say a 7 or 8 winning streak, the mob made huge money on betting on the same boxer to lose a match against a weaker opponent who average Joe was convinced would lose.
The mob controled the boxing industry back then and managed many, many boxers. Those boxers were told to take a dive, or lose on purpose, when it suited the mob.


Originally Posted By: danielperrygin
So Chin's losses are most likely the mob cash in fights.


Well, I was talking about mob connected boxers in general.
But Chin seems to have had mob connections early on.
He sprung up in Greenwich Village which was Vito Genovese territory through and through. A lot of Genovese guys and members of that Greenwich Village crew managed boxers from time to time. Tommy Ryan comes to mind. Tony Bender also managed a couple of boxers if memory serves me right.


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