All Blog Posts Tagged 'Money' (99)

By Gangsters Inc. Editors

Six individuals have been arrested and charged last month and Tuesday for their roles in a drug ring that distributed kilogram quantities of cocaine each week in New York City, New Jersey and Pennsylvania and laundered hundreds of thousands of dollars.

The investigation centered on Gerardo…

By Gangsters Inc. Editors

The Cocaine Cowboys - Latin American drug traffickers - were known for doing wild shit in Florida during the 1980s, but in 2018 one such Cowboy finds himself worrying about some of what he did and how it might impact him today.

South Florida drug boss Augusto "Willie" Falcon had almost finished…

By David Amoruso

Every underworld has its first major crime boss. That man – or woman – who ascends to the top of the heap and controls organized crime in the city. For Hamilton, Ontario, that man was Rocco Perri. During the years of Prohibition, he became known as the “King of the Bootleggers.”

Born in…

By Gangsters Inc. Editors

Mobster Massimigliano Carfagna was sentenced to 10 and a half years in prison on Thursday. He had pleaded guilty to trafficking in cocaine and the opioid drug…

By Gangsters Inc. Editors

The Spanish Guardia Civil busted a criminal enterprise operating in Spain and Germany this week, which used a network of food establishments, including kebab meat suppliers, to conceal their activities and launder €36 million of its ill-gotten gains.

Five individuals were arrested, while…

By Gangsters Inc. Editors

Fugitive Liverpool drug trafficker Simon McGuffie finally faces justice in the United…

By David Amoruso

California drug kingpin “Freeway” Rick Ross shows that you can play the game and survive. His story shows the hypocrisy of the government’s war on drugs, while also shining a light on the struggles of growing up in the ghetto. Above all, it’s about learning from mistakes and bettering yourself. “I used to…

By Gary Jenkins

“I remember one night in Circus Circus, we had an obligation to meet, course I was young and had some balls, I guess,” Carl Thomas says. “There was two guys from the state outside, Bybee was one of them, and I was in there on my fuckin' back, snatching that money, and they weren't as far from me as that…

By David Amoruso

A criminal mastermind. The man behind the scenes. Mob kingpin. Arnold Rothstein can be described in many ways. Known on the streets as “The Big Bankroll,” he financed countless major criminal schemes and enterprises as he rose to prominence in New York’s gangland. But at heart, he was a gambler. Through…

By Gangsters Inc. Editors

Eight associates of San Francisco Triad boss Raymond “Shrimp Boy” Chow were given prison sentences ranging from 1 to 7 years on Monday for their respective roles…

By David Amoruso

Yakuza mobsters looking for money need to find a loan shark with good rates, because Japanese banks will reject many of them when they apply for loans. As of yesterday, the Japanese Bankers Association stated that its branches will be able to screen individual loan seekers using the National Police Agency’s database of…

By David Amoruso

The biggest problem with ill-gotten gains is how to turn them into squeaky clean gotten gains. Because criminal money remains vulnerable to being confiscated by authorities, whereas money laundered clean has no way whatsoever of ever being touched by law enforcement as the recent Panama Papers leak has showed.

Of…

By David Amoruso

“Always the dollars. Always the fuckin' dollars.” – Nicky Santoro, movie Casino

Authorities in the United States and Canada arrested a total of thirteen alleged members of the Mafia yesterday for their involvement in a largescale drug trafficking pipeline spanning both countries. Among those arrested are…

By David Amoruso

Brooklyn mobster Salvatore “Sallie” DeMeo (above, aging through his mugshots) is another great example that when it comes to the Mafia: You don’t retire. In his late seventies, he is still scheming and making millions in the process. But these riches come at a price, one that the government insists he pay.

You could call him a…

By Gangsters Inc. Editors

Drug kingpin Jorge Costilla-Sanchez has pleaded guilty on Tuesday to conspiracy drug charges and two counts of assault on a federal officer. 46-year-old Costilla-Sanchez was head of the infamous Gulf Cartel (CDG) in the years following the…

By Gangsters Inc. Editors

Five men have admitted being part of a network responsible for laundering at least £16 million pounds stolen by international cyber criminals, following an investigation by the National Crime Agency. Four pleaded guilty in June, while the fifth pleaded guilty yesterday.

Iurie Mereacre, a 37-year-old …

By Gangsters Inc. Editors

Rene Cruz-Vargas, a member of the drug trafficking organization allegedly led by 47-year-old Mexican national Joel Ibarra-Torres, was sentenced to 27 months in prison on Tuesday for his role in distributing cocaine in Doña Ana County. 41-year-old Cruz-Vargas will be deported after completing his prison…

By David Amoruso

If you want to hurt a gangster, go after his money. That’s what British authorities are doing to any criminal who’s made a fortune from illicit activities. The latest to come under scrutiny is 47-year-old drug boss Clifton Rochester.

Rochester was jailed for 14 years in 2005 for heading a drugs operation estimated…

By Gangsters Inc. Editors

One of the leaders of the Hazard street gang – a Mexican Mafia-controlled criminal enterprise that has been responsible for criminal activity in and around the Ramona Gardens housing complex in Boyle Heights for decades – was sentenced on today to 15 years in prison for his conviction on federal racketeering and…

By Gangsters Inc. Editors

A leader of the Sex Money Murder set of the Bloods street gang was sentenced Monday to 12 years in prison for his role in a racketeering conspiracy that involved murder, attempted murder, conspiracy to commit murder, and…