US Attorney Alleges Mafia Family Took Over FirstPlus
From WSJ.com: NEW YORK (Dow Jones)--Thirteen people, including an alleged member and an alleged associate of the Lucchese organized crime family and several attorneys, have been indicted on charges of racketeering and related offenses for the alleged "extortionate takeover" of FirstPlus Financial Group Inc. (FPFX).
At a press conference Tuesday in Camden, U.S. Attorney for the District of New Jersey Paul J. Fishman said that, according to the indictment, those indicted "gave new meaning to 'corporate takeover' by looting a publicly traded company to benefit their criminal enterprise."
At a press conference Tuesday in Camden, U.S. Attorney for the District of New Jersey Paul J. Fishman said that, according to the indictment, those indicted "gave new meaning to 'corporate takeover' by looting a publicly traded company to benefit their criminal enterprise."