How many times have we heard these words? "Crime doesn't pay"....or a Judge will say, "it doesn't pay to commit crimes".
It is true crime didn't pay for some lawbreakers who were caught and lost their freedom and every dime they earned. Swindler Ken Madoff earned billions running a ponzi scheme that bilked investors and now he's been caught. With the exception of having already spent 'hundreds of millons' and facing life in prison Madoff will probably lose all the money he may have left. Did crime pay for this billionaire crook?
You be the judge.
But there's a group of outlaws who keep winning in the crime game and seemingly they .never lose. They don't own banks, casinos, nor authorized by government to print 'money on demand' but they've mastered the money game of making crime pay 24-7. They're not strangers. Their history etched in the annals of the crime world. They are no other than Italian Organized Crime aka Mafia. And they make billions!
Financial experts said the global recession has undoubtedly struck European countries hard but Italy's organized crime thrives in the midst of it all. Italy's world known organized crime groups are: (1) Sicilian Mafia. (2) Camorra (3) 'Ndrangheta (4) Sacra Corona Unita. Bloomberg.com reported the Italian Mafia's revenue in 2008 had increased 40 percent.
Example: Italy's organized crime syndicates grossed at least $167 billion dollars in 2008, up from $90 billion euros in 2007, according to figures supplied by Eurispes and SOS Impresa. Eurispes is a worldwide research organization and SOS Impresa consist of businessmen who investigate Mafia extortion. Extensive research based on long-term investigations and apprehension of organized crime gangsters, drug trafficking ranked the number#1 top revenue, bringing in approximately $59 billion euros.
Other Mafia players earned $5.8 billion euros from selling arms, the Rome-based research group reported Friday, January 30, 2009. "During a crisis, people lower their guard", says Robert Saviano. Saviano became an overnight success in 2007 after publishing a bestselling book called "Gomorrah". Gomorrah, superbly document the history of the notorious Camorra crime bosses. "Studies show the criminal market never suffer during a crisis", Saviano explained. "I'm convinced this crisis brings huge advantage to criminal syndicates". As the global recession tighten its grip banks are recluctant to risk loans.
This area of finance brings the Mafia on shore. They loan money at high interest rates. Consequences are detrimental even sometimes fatal if the borrower fail to pay up on time. "With people more desperate for money, loan sharking thrives", said Amedeo Vitagliano, an Italian crime expert at Eurispes research organization. "While the country is on its kneess, the Mob rejoice".
So how can the experts know the amount of illegal money earned by organized crime? What guidelines are utilized to caculate the Mafia's big payoffs? Simple math.
Mafia wealth is reflected in police asset seizures of $5.2 billions in 2008. $2.9 billions seized from the Camorra; $1.4 billion from the Sicilian Mob based in Sicily, and $231 millions from the 'Ndrangheta syndicate. The Eurispe report confimed a recent estimation by the Interior Ministry that 'Ndrangheta alone generate $45 billion euros, or 3% of GDP(Gross Domesticated Products) from dominating the European cocaine trade.
Here's another breakdown of revenues earned in 2008 by Italian organized crime based on their network of operations:
(1) loan shark: $12.6 billion euros
(2) protection rackets: $9 billion
(3) Arms trafficking and smuggling crimes: $5.8 billion In 2006, previous research showed that organized crime made $128 billions, a sum equivalent at that time to 7 percent of Italy's GDP.
For 2005, the crime syndicates took in approximately $106 billions. But the economy in Italy can swing back and forth with a double edged sword. Many businesses not particularly connected with the mob engage in shady pratices of doing business off the books.
Gian Maria Fara, an Eurispes chairman said the deeper underground economy don't reflect gross domestic product figures. "During good times, having a big underground sector can be a burden since the underground products isn't taxable and the state must account for it by increasing taxes on those who actually pay taxes".
"In this country," Fara added, "much more money goes around than whats actually represented by official statistics". "Italy's black economy has grown to a staggering 35% of GDP, approximately $540 billion euros".
Despite mass arrests of Italian crime gangsters over the years and the capture of several family bosses and high-ranking soldiers the Italian Mafia is a phenonomal money machine. They are a force the law must deal with in years to come.
Each day from extortion the combined groups earn at least $90 to 100$ billon euros per year, $250 million euros a day and $10 million euros an hour. If that's not making crime pay....then nobody commit crimes.... but we know this isn't true. People commit crimes every day.
Just ask the Mafia. They make billions and nobody can stop them.
Thanks to Clarence Walker
Sunday, February 08, 2009
Genovese Crime Family Bust Centers Around Gambling Operations
In the state of New York it has become common place to have police bust up mafia operations. It occurred again on Wednesday when thirteen alleged members of the Genovese crime family were charged with various crimes.
Gambling, as it is in most mafia cases, was at the forefront of the charges. The indictment that was unsealed refers to the "operation of illegal gambling businesses." The men were also charged with extortion, narcotics trafficking, and loansharking.
Of the thirteen people that were charged, six of them were arrested early Wednesday morning. The other seven were either in the process of turning themselves in or were already in custody from other charges.
Among the arrests was a former acting boss for the Genovese crime family. Several of his soldiers were also picked up in the raid. Thomas Tassiello, another Genovese family member was charged in a separate indictment on charges of extortion and racketeering.
The sting stems from the crime family shaking down local businesses, mainly bartending school owners in both Jersey City and Manhattan. Genovese soldiers reportedly took over the businesses after the owners could make their payments on loansharking debts.
Thanks to Tom Jones
Gambling, as it is in most mafia cases, was at the forefront of the charges. The indictment that was unsealed refers to the "operation of illegal gambling businesses." The men were also charged with extortion, narcotics trafficking, and loansharking.
Of the thirteen people that were charged, six of them were arrested early Wednesday morning. The other seven were either in the process of turning themselves in or were already in custody from other charges.
Among the arrests was a former acting boss for the Genovese crime family. Several of his soldiers were also picked up in the raid. Thomas Tassiello, another Genovese family member was charged in a separate indictment on charges of extortion and racketeering.
The sting stems from the crime family shaking down local businesses, mainly bartending school owners in both Jersey City and Manhattan. Genovese soldiers reportedly took over the businesses after the owners could make their payments on loansharking debts.
Thanks to Tom Jones
Saturday, February 07, 2009
Do You Want to be Chicago Mayor Richard Daley's Chumbolone?
The Tribune has commissioned a new poll asking taxpayers whether they support Mayor Richard Daley's 2016 Olympic dream. But the pollsters didn't call me, so I conducted my own poll on the cheap, while shaving.
Just look at yourself in the mirror, while trying to shave that stubborn stubble from under your nose, and ponder whether it's smart to give the Daley gang billions of dollars to run the Olympics. There's only one question in the Kass poll. Just ask yourself:
"Does wanting the Olympics in Chicago make me a big chumbolone?"
"Chumbolone" is the immortal term uttered by corrupt Chicago cop Anthony Doyle, convicted of being a messenger boy for imprisoned Chicago mob bosses in the Family Secrets trial. In those prison visits, he insisted he didn't hear anything. All he did was nod when the boss was talking, over and over, nodding like some Chinatown-crew bobblehead doll.
"I didn't know what he was talking about," Doyle explained from the witness stand. "I don't wanna look like a chumbolone, an idiot, stupid."
And there you have it.
We want the glitzy Olympic party. But we think we won't have to pay for it. And when Mayor Fredo talks about his Olympic dream, we nod like chumbolones.
For almost two decades now, Daley has run the city and Cook County. His administration is an encyclopedia of corruption and insider deals for friends and family. He'd drink with white guys with Outfit connections every Christmas Eve, guys who received $100 million in affirmative-action contracts from his administration, and he didn't know how it happened.
As of Sunday, it has been 1,615 days since the mayor promised he'd find out who promoted ex-gangbanger Angelo Torres to run his scandal-plagued Hired Truck program that cost taxpayers at least $40 million. We're still waiting.
There are so many such deals that counting them would be like trying to count the flies on a chunk of liver sausage in an alley in July. All this on his watch. Just imagine what he'll do with all that Olympic gold.
These days, corruption is important again, since the former governor, Mr. Dead Meat, got busted for trying to sell President Obama's Senate seat. But when will we realize that the governor of Illinois—no matter who sits in the chair—is just a measly nose hair compared to the boss of Chicago?
And if it's not outright corruption, it's incredible arrogance born of absolute political power with no dissent.
Just the other day, the mayor said he wasn't going to tell the people of his city what large "shovel-ready" public works projects he wanted out of the Obama White House. Or, is it the Cellini/La Hood U.S. Department of Transportation sending all that federal cash?
"Oh, yes, we have our list," said the mayor. "We've been talking to people. We did not put that out publicly because once you start putting it out publicly, you know, the newspapers, the media is going to be ripping it apart."
Translation: Why do I have to tell the chumbolones what I'm going to do with their tax money? They're my chumbolones. Not yours. They're mine! Mine!
Just imagine how he'll react when asked about who got cut in on some Olympic village deal. Don't ask me no questions, you chumbolones, he'll say.
Daley has already sold off the Skyway to a private management firm, and Midway Airport, and all the city's parking meters, blowing long-term assets for short-term cash. At this rate, if one of his guys gets a lobbying deal in Dubai, he might sell off all the water in Lake Michigan in the middle of the night, and everyone will wake up to the sound of fish flopping in the mud.
Such private management contracts shield information about lucrative subcontracts and, for instance, whose political brother-in-law with the room-temperature IQ gets hired after cashing in his second six-figure government pension.
Pestered by reporters about the wisdom of selling everything he can get his hands on, Daley got angry and trashed his entire city workforce, the same workforce that he's been managing for almost 20 years now, the same workforce that puts his stooges in office.
"They're not customer-related. They're gonna leave at 5 o'clock. They're gonna leave at 4:30 or 4. I'm sorry. We are on the time clock. They walk out. But in the private sector, when you have a customer, you're gonna stay there making sure they're happy and satisfied," said Daley, who regularly takes three-day weekends to his Grand Beach estate when he's not jetting off on free vacations to Paris, Geneva, Rome, Beijing, Mumbai and elsewhere.
The next day, he whined that reporters had twisted his words. "I'm a ping-pong ball for the media," he said. "But don't misinterpret what I say to try to bring confrontation against city workers."
Don't misinterpret? It was on tape. He must think we're chumbolones.
So with Daley pushing the Olympics and all the gold that flows with it, look yourself in the eye while shaving the stubble under your nose (unless, of course, you're a woman). Either way, you can still take the Kass poll. Just ask yourself:
Do I really want to be Daley's Olympic chumbolone?
Thanks to John Kass
Just look at yourself in the mirror, while trying to shave that stubborn stubble from under your nose, and ponder whether it's smart to give the Daley gang billions of dollars to run the Olympics. There's only one question in the Kass poll. Just ask yourself:
"Does wanting the Olympics in Chicago make me a big chumbolone?"
"Chumbolone" is the immortal term uttered by corrupt Chicago cop Anthony Doyle, convicted of being a messenger boy for imprisoned Chicago mob bosses in the Family Secrets trial. In those prison visits, he insisted he didn't hear anything. All he did was nod when the boss was talking, over and over, nodding like some Chinatown-crew bobblehead doll.
"I didn't know what he was talking about," Doyle explained from the witness stand. "I don't wanna look like a chumbolone, an idiot, stupid."
And there you have it.
We want the glitzy Olympic party. But we think we won't have to pay for it. And when Mayor Fredo talks about his Olympic dream, we nod like chumbolones.
For almost two decades now, Daley has run the city and Cook County. His administration is an encyclopedia of corruption and insider deals for friends and family. He'd drink with white guys with Outfit connections every Christmas Eve, guys who received $100 million in affirmative-action contracts from his administration, and he didn't know how it happened.
As of Sunday, it has been 1,615 days since the mayor promised he'd find out who promoted ex-gangbanger Angelo Torres to run his scandal-plagued Hired Truck program that cost taxpayers at least $40 million. We're still waiting.
There are so many such deals that counting them would be like trying to count the flies on a chunk of liver sausage in an alley in July. All this on his watch. Just imagine what he'll do with all that Olympic gold.
These days, corruption is important again, since the former governor, Mr. Dead Meat, got busted for trying to sell President Obama's Senate seat. But when will we realize that the governor of Illinois—no matter who sits in the chair—is just a measly nose hair compared to the boss of Chicago?
And if it's not outright corruption, it's incredible arrogance born of absolute political power with no dissent.
Just the other day, the mayor said he wasn't going to tell the people of his city what large "shovel-ready" public works projects he wanted out of the Obama White House. Or, is it the Cellini/La Hood U.S. Department of Transportation sending all that federal cash?
"Oh, yes, we have our list," said the mayor. "We've been talking to people. We did not put that out publicly because once you start putting it out publicly, you know, the newspapers, the media is going to be ripping it apart."
Translation: Why do I have to tell the chumbolones what I'm going to do with their tax money? They're my chumbolones. Not yours. They're mine! Mine!
Just imagine how he'll react when asked about who got cut in on some Olympic village deal. Don't ask me no questions, you chumbolones, he'll say.
Daley has already sold off the Skyway to a private management firm, and Midway Airport, and all the city's parking meters, blowing long-term assets for short-term cash. At this rate, if one of his guys gets a lobbying deal in Dubai, he might sell off all the water in Lake Michigan in the middle of the night, and everyone will wake up to the sound of fish flopping in the mud.
Such private management contracts shield information about lucrative subcontracts and, for instance, whose political brother-in-law with the room-temperature IQ gets hired after cashing in his second six-figure government pension.
Pestered by reporters about the wisdom of selling everything he can get his hands on, Daley got angry and trashed his entire city workforce, the same workforce that he's been managing for almost 20 years now, the same workforce that puts his stooges in office.
"They're not customer-related. They're gonna leave at 5 o'clock. They're gonna leave at 4:30 or 4. I'm sorry. We are on the time clock. They walk out. But in the private sector, when you have a customer, you're gonna stay there making sure they're happy and satisfied," said Daley, who regularly takes three-day weekends to his Grand Beach estate when he's not jetting off on free vacations to Paris, Geneva, Rome, Beijing, Mumbai and elsewhere.
The next day, he whined that reporters had twisted his words. "I'm a ping-pong ball for the media," he said. "But don't misinterpret what I say to try to bring confrontation against city workers."
Don't misinterpret? It was on tape. He must think we're chumbolones.
So with Daley pushing the Olympics and all the gold that flows with it, look yourself in the eye while shaving the stubble under your nose (unless, of course, you're a woman). Either way, you can still take the Kass poll. Just ask yourself:
Do I really want to be Daley's Olympic chumbolone?
Thanks to John Kass
Frank Sinatra Exhibit Planned for Mob Museum
Frank Sinatra's presence will loom large over the mob museum, if the project survives some political and economic hurdles.
Museum organizers have big plans for a Sinatra exhibit, if things go their way.
One of the featured pieces in the museum would be a rare self-portrait of Sinatra, which depicts him as a sad-faced clown.
It was quietly purchased in October 2007 from Peggy King, widow of Sinatra pal Sonny King, the Las Vegas lounge legend who died three years ago this week.
Peggy King is convinced the museum is the perfect home for the artwork. Christie's, the famed auction house, has been pestering her for several years, she said, "but I didn't want it in a private home, where the public wouldn't see it.
"This is what Sonny would have wanted, and it's what Frank would have wanted."
Sinatra, who was the godfather of King's daughter, gave the painting to King in 1964 after they completed filming "Robin and the 7 Hoods." King played one of Robin's hoods in the 1964 film, which featured Sinatra and his Rat Pack pals.
Sinatra painted the self-portrait seven years earlier, while filming "The Joker is Wild." He portrayed Joe E. Lewis, a successful Chicago nightclub entertainer who got crossways with the mob and was left for dead after having his face slashed and his vocal chords cut.
After recovering from his injuries, Lewis returns as a stand-up comedian who battles alcohol problems.
Sinatra, who had a lifelong affinity for clowns, wore clown costumes during the film.
King's widow has been selling 16-by-20-inch canvas-like reproductions, known as giclees, from the King estate. About 100 of the 300 remain, and one recently sold for $5,500 at a charity for a children's cause, she said.
Thanks to Norm Clarke
Museum organizers have big plans for a Sinatra exhibit, if things go their way.
One of the featured pieces in the museum would be a rare self-portrait of Sinatra, which depicts him as a sad-faced clown.
It was quietly purchased in October 2007 from Peggy King, widow of Sinatra pal Sonny King, the Las Vegas lounge legend who died three years ago this week.
Peggy King is convinced the museum is the perfect home for the artwork. Christie's, the famed auction house, has been pestering her for several years, she said, "but I didn't want it in a private home, where the public wouldn't see it.
"This is what Sonny would have wanted, and it's what Frank would have wanted."
Sinatra, who was the godfather of King's daughter, gave the painting to King in 1964 after they completed filming "Robin and the 7 Hoods." King played one of Robin's hoods in the 1964 film, which featured Sinatra and his Rat Pack pals.
Sinatra painted the self-portrait seven years earlier, while filming "The Joker is Wild." He portrayed Joe E. Lewis, a successful Chicago nightclub entertainer who got crossways with the mob and was left for dead after having his face slashed and his vocal chords cut.
After recovering from his injuries, Lewis returns as a stand-up comedian who battles alcohol problems.
Sinatra, who had a lifelong affinity for clowns, wore clown costumes during the film.
King's widow has been selling 16-by-20-inch canvas-like reproductions, known as giclees, from the King estate. About 100 of the 300 remain, and one recently sold for $5,500 at a charity for a children's cause, she said.
Thanks to Norm Clarke
The Sopranos "Salvatore 'Big Pussy' Bonpensiero" Testifies at Trial
Actor Vincent Pastore, who played a gregarious gangster on "The Sopranos," said Friday he wept when he realized the former fiancee he is accused of assaulting did not love him.
Pastore, fighting actress Lisa Regina's $5.5 million civil assault lawsuit, testified that their dispute began when she tried to call a former boyfriend while they were driving to New Jersey on April 2, 2005.
They yelled and cursed each other, and Pastore admitted he yanked her out of his car and dumped her and her luggage on a street in Manhattan's Little Italy. She says he hit her, causing cuts and bruises.
Pastore pleaded guilty in 2005 to attempted assault on Regina and was sentenced to 70 hours of community service.
On Friday, he said he never hit her.
Regina, 47, says she suffered psychiatric harm from the incident, but Pastore's lawyer, Barry R. Strutt, told the jury he will offer treatment records to show she had emotional problems before the dispute.
Pastore said that as they argued, he returned to a corner near Regina's apartment and ordered her out of his car, but she refused to go.
"I was upset," the actor said, "because I knew Lisa was with me because of her own personal goals. It had nothing to do with love."
"I said to her, 'That's as far as you go. You're out of my life,"' the 62-year-old Pastore testified. "I got angry. I started to cry. Lisa said, 'Stop it! People know who you are. You're embarrassing yourself."'
"We were both angry, both yelling at each other," he said. "I had both hands on the steering wheel. I did not hit her on the back of the head, and I did not hit her head on the gear shift," as she has said.
Pastore said that when he got out to open the passenger-side door, Regina started yelling, "Big Pussy's beating me up! 'Sopranos!"' He testified that he was actually standing against a wall, and she was in the car. "Nobody was touching anybody," he said.
Called as a hostile witness by Regina's lawyer, Pastore agreed that his weeping was the culmination of many things.
"You felt used?" asked the attorney, David Perecman.
"Yes," the actor answered.
"You felt taken advantage of?"
"Yes."
"You felt unloved?"
"Yes."
Regina filed her lawsuit against Pastore in Manhattan's state Supreme Court on Jan. 5, 2006. The trial continues Monday.
Pastore played Salvatore "Big Pussy" Bonpensiero, a mob killer with a congenial personality, on the hit HBO series.
Thanks to Samuel Maull
Pastore, fighting actress Lisa Regina's $5.5 million civil assault lawsuit, testified that their dispute began when she tried to call a former boyfriend while they were driving to New Jersey on April 2, 2005.They yelled and cursed each other, and Pastore admitted he yanked her out of his car and dumped her and her luggage on a street in Manhattan's Little Italy. She says he hit her, causing cuts and bruises.
Pastore pleaded guilty in 2005 to attempted assault on Regina and was sentenced to 70 hours of community service.
On Friday, he said he never hit her.
Regina, 47, says she suffered psychiatric harm from the incident, but Pastore's lawyer, Barry R. Strutt, told the jury he will offer treatment records to show she had emotional problems before the dispute.
Pastore said that as they argued, he returned to a corner near Regina's apartment and ordered her out of his car, but she refused to go.
"I was upset," the actor said, "because I knew Lisa was with me because of her own personal goals. It had nothing to do with love."
"I said to her, 'That's as far as you go. You're out of my life,"' the 62-year-old Pastore testified. "I got angry. I started to cry. Lisa said, 'Stop it! People know who you are. You're embarrassing yourself."'
"We were both angry, both yelling at each other," he said. "I had both hands on the steering wheel. I did not hit her on the back of the head, and I did not hit her head on the gear shift," as she has said.
Pastore said that when he got out to open the passenger-side door, Regina started yelling, "Big Pussy's beating me up! 'Sopranos!"' He testified that he was actually standing against a wall, and she was in the car. "Nobody was touching anybody," he said.
Called as a hostile witness by Regina's lawyer, Pastore agreed that his weeping was the culmination of many things.
"You felt used?" asked the attorney, David Perecman.
"Yes," the actor answered.
"You felt taken advantage of?"
"Yes."
"You felt unloved?"
"Yes."
Regina filed her lawsuit against Pastore in Manhattan's state Supreme Court on Jan. 5, 2006. The trial continues Monday.
Pastore played Salvatore "Big Pussy" Bonpensiero, a mob killer with a congenial personality, on the hit HBO series.
Thanks to Samuel Maull
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