Wednesday, November 2, 2011

Organized Crime Moving From The Back Alleys To The Boardroom: Nicodemo S. Scarfo, Son of Jailed Philadelphia Mob Boss, Arrested In Boardroom Fraud

As noted in a previous post, Nicodemo S. Scarfo, the son of Nicodemo "Little Nicky" Scarfo, the jailed former boss of the Philadelphia Cosa Nostra crime family, was arrested along with a dozen others in a scheme to take over a business firm.

George Anastasia, the veteran organized crime reporter for the Philadelphia Inquirer, and author of  true crime books on organized crime such as Blood & Honor and The Last Gangster, covered the arrests for the Inquirer.

"This case gives new meaning to the term 'corporate takeover,' " Paul Fishman, the U.S. Attorney for New Jersey, said at a news conference where the charges were announced.

"This was organized crime moving from the back alley to the boardroom," added Michael Ward, the special agent in charge of the FBI's Newark office.

You can read the rest of George Anastasia's newspaper story and watch his Mob Scene video via the below link:

You can read my previous post on the arrest of Scarfo and others via the below link:

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