The Chicago Syndicate
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Wednesday, May 17, 2006

We're Not Mafia - Enron's Last Defense

Lawyers for Enron's indicted ex-chiefs Ken Lay and Jeff Skilling made their final sympathy plea to keep the pair out of prison - claiming prosecutors treated them like common Mafia thugs.

In an impassioned six-hour closing argument, defense lawyers took turns trying to prove the two men did nothing wrong other than take down Enron in bankruptcy through their own management failures. "Bankruptcy is not a crime. Failure is not a crime," said defense lawyer Daniel Petrocelli.

He insisted that prosecutors tainted the trial process by unfairly building their case against Enron's executives as if they were "tackling a mob organization."

Petrocelli said Skilling was portrayed as "a mob chieftain" and his colleagues as gang "lieutenants" who ratted him out, gangland style. "They take down mob kingpins that way," Petrocelli said.

Petrocelli particularly was annoyed by ex-Enron executive Sherron Watkins, whose famous memo warned Lay about the company's impending collapse from accounting scandals. "She went on 'Good Morning America' and she said that Mr. Skilling was the mafia boss and (CFO Andy) Fastow was the assassin," Petrocelli said, referring to the prosecution's key witness. "She compared my client to a mob boss," he said.

Petrocelli said government witnesses - a string of other indicted Enron executives - were pressured by threats of long prison sentences. Those witnesses' testimony was not backed up by any documents, he said. "Documents don't lie; people do," Petrocelli said. "It's hard to create fake documents . . . but it's not so hard to create fake testimony."

Another defense lawyer for Lay, Bruce Collins, told jurors they must "decide whether Ken Lay is locked in a cage for the rest of his life."

Lay, 64, and Skilling, 52, each face at least 25 years in prison if convicted of charges that they used off-the-books partnerships to manipulate Enron's finances. The jury is expected to begin deliberations today.

Thanks to Paul Tharp

Mariah Carey Linked to Mafia


Diva Mariah CareyPop beauty Mariah Carey allegedly dined with a New York gangster during her marriage to ex-husband Tommy Mottola, a former FBI agent claims.

Joaquin Manuel Garcia, who retired from the FBI in March, made the revelations as he testified in alleged mob boss Greg DePalma's racketeering trial in a Manhattan court room on Monday.

Garcia claims De Palma, 74, brought him into the mob and he secretly recorded conversations during his time with the criminal gang. During a recorded conversation, De Palma claims he enjoyed a series of dinners with the singer and her music mogul husband in the mid-1990s. De Palma described Carey as "very nice, very quiet, reserved".

When asked for comment by the New York Daily News, a spokesman for Mottola denied he had spent time with De Palma.

Mob Rat on Stand at Trial of Jersey City 'Soldier'

Friends of ours: Peter Caporino, Genovese Crime Family, Michael Crincoli, Lawrence Dentico, Vincent "the Chin" Gigante, Joseph "Big Joe" Scarbrough

Eighteen years as a Mafia turncoat came to a climax yesterday when Peter Caporino took the witness stand in U.S. District Court. Jurors also heard the first of 300 conversations between reputed mobsters recorded over three years by Caporino, who wore a wire for the feds.

Caporino testified for the prosecution against reputed Genovese crime family soldier Michael Crincoli, 46, of Jersey City, who allegedly ran a loansharking and extortion business out of his deli at 944 West Side Ave. Caporino ran a bookmaking operation, also protected by the Genovese family, out of the Character Club in Hoboken.

Caporino said he'd already been working as an informant for the FBI for 15 years when he was busted by the Hudson County Prosecutor's Office on gambling charges in February 2003. At that point, he said, he decided he would go from confidential informant to cooperating witness. "Cooperating witness meant I would wear a wire and testify," he said.

He said his FBI handlers gave him a recording device, disguised as a pager, that could tape up to 10 hours of conversations. Caporino's recordings resulted in 16 arrests in 2005. All save one - Crincoli - has since taken a plea deal.

Among those arrested was Lawrence Dentico, 81, of Seaside Park, one of a handful of men thought to run the Genovese crime family since Vincent "the Chin" Gigante was convicted of extortion in 1997. Dentico has pleaded guilty.

Also snared was Joseph "Big Joe" Scarbrough, 66, of West Orange, an alleged Genovese family associate accused of loansharking, illegal gambling and extortion. Scarbrough has pleaded guilty.

Jersey City Incinerator Authority Inspector Russell Fallacara, 38, of Keansburg, was picked up in the sweep and he later admitted he demanded a $100,000 payment from Nacirema Carting and Demolition of Bayonne, which had a contract with Jersey City.

Caporino said he grew up in Hoboken and graduated from Demarest High School, now Hoboken High. He worked for a trucking company before joining the Army; after his discharge, he returned to the trucking company and discovered the man who'd run the local numbers game had died. He and another worker then took it over, he said.

He eventually expanded the business to the point where he had to make a weekly tribute payment to the mob in order to continue operating. Caporino will likely be on the stand until tomorrow, when Crincoli's attorney will have a chance to cross examine him.

Thanks to Michaelangelo Conte

The Prisoner Wine Company Corkscrew with Leather Pouch

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