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FBI Explains Takeover and Scam as Mafia Business Fraud
FBI officials describe scam as Cosa Nostra term for quick takeover of legitimate firms to front merchandise and trigger bankruptcy. DeLoach cites 26 Mafia families with strong control across major cities and notes extensive convictions. Also reports on London’s first Black vicar and a truck roadeo, plus New York arrest of Willie Holmes for park killings.
MENTIONED IN THIS ARTICLE
Washington
Federal Bureau of Investigation
Cartha D. DeLoach
FBI
J. Edgar Hoover
DeLoach
Cosa Nostra
Pacific Ocean
New York City
Park
New York
UPI
Queens
Willie Holmes
Manhattan