Nicky Scarfo Jr.
November 3, 2011 by staff
Nicky Scarfo Jr., Nicodemo S. Scarfo, who lives in Galloway Township, who is the son of a former mob boss with ties Atlantic City, was named in a 107-page indictment on Tuesday said he and a partner in Philadelphia was forcibly by the financial services firm FirstPlus Financial Group Texas in late spring 2007 and allegedly stolen by him and 12 million through a series of acquisitions and fraudulent consulting agreements over a year.
Ultimately, Scarfo and associates planned a “pump-and-dump ‘, which artificially increase the price of the shares and allow managers to cash, and that his” piece de resistance, “said U.S. Attorney Paul J. Fishman, federal agents were involved, but before that happens.
Scarfo, 46, was arrested Tuesday morning at his home in Galloway Township, and appeared before U.S. Judge Ann Marie Donio Tuesday afternoon.
He appeared rumpled and unshaven, wearing matching sweat clothes, tied with chains. He sought a public defender, saying all he had was and 125 in a checking account. A bail hearing and his request for a public defender will be held at the court at 11 am Friday.
Scarfo was named in 25 counts, including conspiracy, wire fraud and firearms charges, plus charges of wire fraud conspiracy, money laundering, bank fraud and obstruction of justice. He faces a maximum of 175 years in federal prison and $ 7 million in fines, according to a statement from the U.S. Attorney’s Office.
Beyond the charges, faces seven charges additional Scarfo, since the alleged crimes occurred while he was on parole after 33 months in prison for a 2002 conviction for running a gambling operation.
The indictment unsealed Tuesday named 13 people, including Scarfo’s wife, Lisa Murray-Scarfo, 32, of Galloway Township, an alleged member John Parisi, 50, of Atlantic City, and Todd Stark, 43, of Ocean City.
Murray-Scarfo was named in one count of bank fraud conspiracy and one count of conspiracy to make false statements on a loan application to a house where he lived with Scarfo then married in February 2008.
Murray-Scarfo was not arrested, appeared in court on his own recognizance. He sat in the back row of the courtroom for more than three hours before being called forward. Having had time to prepare, wearing a white cotton sweater and brown pants.
Like her husband, she did not enter a statement and said he wanted a public defender.
He was released on unsecured bail and 250,000, with restricted travel to New Jersey and eastern Pennsylvania. He was ordered to have no contact with any other defendant, other than her husband.
She declined to comment afterward.
Parisi, Scarfo’s cousin, was named in 24 of the 25 charges against Scarfo, and Stark was named in one count of conspiracy to firearms. Parisi was released on a link and 250,000 policyholders and 50,000.
Scarfo is the son of Nicodemo “Little Nicky” Scarfo, 82, former mob boss of Philadelphia, now serving a life sentence in the United States Penitentiary in Atlanta on charges of murder and conspiracy. Throughout the 1970s, he was considered person point Mafia in Atlantic City Philadelphia.
The U.S. Attorney’s Office in a statement described the younger Scarfo as “a family member of the Lucchese Organized” which “was made” in the family after an attempt in 1989, about his life in an internal struggle for control.
The indictment also said that the conspirators were influenced by other members of the Lucchese crime family, including the largest Scarfo, who sent a letter with information about the processes lawyer Donald Manno before, 65, of Medford, Burlington County, material that was submitted to the younger Scarfo.
The indictment also discussed the role of higher Scarfo and Vittorio “Vic” Amuso, the alleged boss of the Lucchese crime family, co-conspirators as defendants. Fishman said that federal authorities refused to prosecute anyone, citing his advanced age and the fact that their long sentences are de facto life sentence. Amuso, 77, is serving a life sentence in a prison in Beaumont, Texas, federal charges of murder and conspiracy.
In a press conference Tuesday afternoon, Fishman described an alleged criminal conspiracy that ran from late spring 2007 to late spring 2008, using a network of lawyers and an accountant to establish transactions ultimately take $ 12 million and shareholders of the company.
“According to the indictment, the defendants gave new meaning to” corporate takeover “the term for the sacking of a publicly traded company for the benefit of his criminal enterprise,” said Fishman.
Fishman said Scarfo and Salvatore Pelullo partner, 44, of Philadelphia, used threats of physical harm and cost to members of the company to gain control of FirstPlus – forcing the board to resign, while new friends of his company were named.
Fishman declined to say how Scarfo and his colleagues realized FirstPlus, or how did the federal agents to start investigating.
At one point, members of the alleged conspiracy threatened unspecified claim a member of the Board involved in financial irregularities, later a member of the board of the threat of litigation if the person does not relinquish control. The threat was a success, and the accusation “figurehead” board members were appointed.
Subsequently, the indictment alleges that in June 2007 following the acquisition, Pelullo said a new board member that “if ever the rat, your wives will (raped) … and their children will be sold as prostitutes “.
Scarfo and Pelullo used their new control of the company to perform legal services and consulting contracts that allowed them to funnel money from the company on a monthly basis.
The board appointed lawyer and co-defendant William Maxwell, 53, of Houston, special adviser to 100,000 per month, allowing you to enter into consulting contracts, at its discretion. The indictment said the board ultimately paid to 3.5 million.
In an agreement, Maxwell Pelullo paid corporate alter-ego of the Seven Hills Management LLC and 1.5 million between May 2007 and March 2008, and the Seven Hills then runs what the indictment called “consulting contract off “with the signing of Scarfo learned Partners LLC North America and 33,000 worth a month. This agreement marked Scarfo and 425,000 in total.
The indictment also said that the pair of these companies own shell companies, Rutgers Investment Group LLC, Globalnet Enterprises LLC and The Premier Group LLC. The indictment said the three companies bought FirstPlus dummy and a total of about 7 million and 2.6 million shares worth FirstPlus when much less than that, the transfer of funds for Pelullo and Scarfo.
Scarfo and Pelullo FirstPlus use corporate money “to buy a variety of items, of 825,000 and a luxury yacht Falcon 83 meters called” price “through subsidiaries, to 625,000 and Mitsubishi turbo-propeller aircraft.
The indictment said the boat was used to visit Scarfo’s father in jail and after attending a corporate Christmas party in Atlantic City.
Scarfo also used the money to buy a 715,000 home in Egg Harbor Township, including payment and 215,000.
However, to hide the house of probation for Scarfo, according to the indictment, Pelullo and a lawyer manipulated a presentation of income tax from his wife, Murray-Scarfo, which was used to obtain the necessary mortgage and 500,000 for balance, the indictment said. Eventually he lost his home in Egg Harbor Township after federal raid in May 2008 cut off the flow of illicit money.
Scarfo and Scarfo Murray married February 14, 2008, and, according to the indictment, the next day and 140,000 was transferred from a trust account on behalf of the mother Scarfo that he controlled, to a trust account controlled by Donald Manno, 65 , of Medford, another lawyer named in the indictment.
The indictment said that although Murray-Scarfo signing a promissory note to repay the funds, Manno, Scarfo and Pelullo willing to have a “gift letter” written and went home to the solution.
However, shortly after the police intervened, cutting off the source of funds and the prosecution said the house went to foreclosure.
Scarfo and other expenses were, according to the indictment:
1240 months _ and lease of an Audi A6
_ Months and 1,700 condominium Brigantine
_ And 3069 months for a home he bought for an ex-wife
_ More than 29,000 in jewelry and his current wife, Murray-Scarfo, including a white gold ring with a share of 2.01 carat princess cut diamond and a 14 karat white gold tennis bracelet about 100 brilliant-cut diamonds
_A And 10,000 deposit in an Audi A8 worth more than 100,000 and
Pelullo also bought a Bentley Continental GT convertible and 216,964, the indictment said.
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