All Blog Posts Tagged 'Money' (95)

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…

By David Amoruso

Sometimes a nickname tells you all you need to know about a person. They called Los Zetas Cartel boss Ivan Velazquez Caballero “El Talibán.” They did so because just like his namesake in Afghanistan he chopped off heads and put them on display. It was the kind of viciousness that made his rise through one of Mexico’s most…

By Gangsters Inc. Editors

Under the guise of legitimacy, defendants posing as medical marijuana patient caregivers, property managers servicing marijuana growers and small business owners, allegedly ran what is alleged to be the largest illegal marijuana trafficking ring since …

By David Amoruso

Albanian gangsters have established a high-profile influence within the underworld in Great Britain, controlling much of the country’s drug trafficking market, particularly cocaine, according to a new report by the National Crime Agency. Albanian organized crime gangs have also upped their presence in the Netherlands,…

By Gangsters Inc. Editors

Several leaders and members of the Texas Mexican Mafia (TMM) have been ordered to significant terms in prison during hearings on Monday and Tuesday for their roles in a Racketeer Influence Corrupt Organization (RICO) conspiracy. All of them were charged in a conspiracy involving criminal activities such as…