Mafia Takes Over Publicly Traded Company

[meow2u3]

As Occupy Wall Street protestors chant about the criminals in the boardroom, actual thieves -- including men associated with the mafia -- have spent years quietly running FirstPlus Financial Group (FPFX), a Texas-based company and a one-time subprime lender that boasted former Vice President Dan Quayle as a board member, and used NFL Hall of Famer Dan Marino in its ads.

On Tuesday, Nicodermo S. Scarfo, a made man within the Lucchese organized crime family, was arrested at his home. He's one of 13 men charged with the illegal takeover of the publicly traded company, among other racketeering charges. "The defendants gave new meaning to 'corporate takeover,' " said U.S. Attorney Paul Fishman.

"Criminal activities have evolved from the back alleys to the board rooms," said Michael B. Ward, special agent in charge of the FBI's Newark Field Office. Still, the tactics remain the same, he says: "physical threats and intimidation to gain leverage and loot lucrative businesses."

http://www.dailyfinance.com/2011/11/01/mafia-takes-over-publicly-traded-company/

That explains it all. The Mafia is behind the corporate takeover of America--and the world! This is just the tip of the proverbial iceburg.

[eleny]

1. kick

[Shagbark Hickory]

2. Nicodermo Scarfo

:rofl:

[monmouth]

5. I met his dad (now serving life in prison) in Camden many years ago.

He looked like a male model, I swear, very handsome. Then, he opened his mouth to speak..Yikes!

[Shagbark Hickory]

6. Oh. Because the mental picture I had was more like Cookie Monster but instead of cramming cookies

into his mouth, he crammed nicotine patches.

[The Backlash Cometh]

3. Do they have to have an Italian sounding name before the FBI will enact?

These kind of devious actions occur all over local government in Florida. Except the last names are usually anglo-American.

[dtexdem]

4. Sounds like business as usual to me.

And I mean usual for both the mafia and Wall Street -- but now I'm being redundant.

;-)