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Loansharking

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Feds: New Mob Regime Ran Sports Bets, Extorted Victims, Sold Drugs From Philly To Jersey Shore Feds: New Mob Regime Ran Sports Bets, Extorted Victims, Sold Drugs From Philly To Jersey Shore
Feds: New Mob Regime Ran Sports Bets, Extorted Victims, Sold Drugs From Philly To Jersey Shore The mob didn't disappear from Philadelphia and the Jersey Shore after former leaders Joseph Ligambi and Joseph “Skinny Joey” Merlino were sent to prison, federal authorities revealed Monday. Over the past five years, in fact, new leadership of the Philly and Atlantic City La Cosa Nostra beefed up the ranks, commanding illegal sports gambling, extorting victims through loansharking, selling cocaine, heroin and opioids -- even conspiring to kidnap a drug dealer who sold them bad dope, they said. Fifteen reputed mobsters and associates of the organized crime family were charged in a …

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by Jerry DeMarco
Police & Fire
5 From N.J. Plead Guilty To Loansharking, Other Mob-Controlled Rackets 5 From N.J. Plead Guilty To Loansharking, Other Mob-Controlled Rackets
5 From N.J. Plead Guilty To Loansharking, Other Mob-Controlled Rackets A group of men pleaded guilty to loansharking, money laundering and other charges after they were nabbed in "Operation Fistful," an investigation by authorities in New York and New Jersey into illicit activity by New York's Genovese organized crime family, Attorney General Gurbir S. Grewal said Wednesday.  “When those involved in traditional organized crime engage in schemes such as loansharking and illegal gambling, they profit at the expense of victims who are struggling with debt, gambling problems, and other issues,” said Grewal. “By prosecuting the men who ran these schemes and put…

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by Paul Milo