Feds seizing mob houses for forfeiture

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Re: Feds seizing mob houses for forfeiture

by newera_212 » Wed Apr 07, 2021 11:40 am

NYNighthawk wrote: Mon Apr 05, 2021 7:33 pm
sharpieone wrote: Fri Apr 02, 2021 8:25 pm Vincent Basciano's legit places (though funded through illegal gains), personal home, and properties were mostly seized.
Did they take his house on Schurz Ave? Is that why his wife divorced him to avoid getting caught up with the forfeitures?
that house was actually kinda awesome. Super low key in the grand scheme of things but on a micro NYC level ,you can tell whoever lived there had some money. I believe it was two row houses combined, with one spanning the corner, garage, pool, etc. - all of these little things that are the norm elsewhere but are absolute luxuries in NY. He almost had a little suburban set up without having to leave the neighborhood. There was a rumor that he had all of those trees cut down across the street to get a good view of the sound, as well .

The Basciano book by the same guy who did the Massino book (mostly came together through arrest records, Cicale testimony, Massino testimony, and other court docs) had Basciano living in Scarsdale before he was 30 I believe - seems like he was always making money even back to his early days. I know he had money on the street, tied up in investments and other projects, etc. - plus the government taking everything - but its crazy to think they got stripped of literally everything to the point where his kids had to sell a couple pounds of pot each week to get by. The skeptic in me thinks that family has money buried away somewhere

Re: Feds seizing mob houses for forfeiture

by queensnyer » Tue Apr 06, 2021 7:51 am

Gottis home is worth about 850k. Easy. Not a mansion, but still a nice chunk of change and Ronnie G forced to sell his house. Lol. Yeah he bought it from his boy Rob Pisani and "sold" it to other family friends.

Re: Feds seizing mob houses for forfeiture

by NYNighthawk » Mon Apr 05, 2021 7:33 pm

sharpieone wrote: Fri Apr 02, 2021 8:25 pm Vincent Basciano's legit places (though funded through illegal gains), personal home, and properties were mostly seized.
Did they take his house on Schurz Ave? Is that why his wife divorced him to avoid getting caught up with the forfeitures?

Re: Feds seizing mob houses for forfeiture

by sharpieone » Fri Apr 02, 2021 8:25 pm

Vincent Basciano's legit places (though funded through illegal gains), personal home, and properties were mostly seized.

Re: Feds seizing mob houses for forfeiture

by Amershire_Ed » Fri Apr 02, 2021 6:48 pm

Pmac2 wrote: Fri Apr 02, 2021 6:32 pm they never went after gotti house is surprising. i mean it wasnt a mansion but is was worth a few 100k and bought with ill gotten gains. maybe he didnt outrite own it and acutally paid a morgage like normal folks.
Yeah Sammy was really quick to point that out in his Diane Sawyer interview when she asked about the Feds letting him keep his money.

Re: Feds seizing mob houses for forfeiture

by Pmac2 » Fri Apr 02, 2021 6:32 pm

they never went after gotti house is surprising. i mean it wasnt a mansion but is was worth a few 100k and bought with ill gotten gains. maybe he didnt outrite own it and acutally paid a morgage like normal folks.

Re: Feds seizing mob houses for forfeiture

by Bruno187 » Fri Apr 02, 2021 6:43 am

Rudaj organization and Lenny Collotti lost most of the real estate in Bronx and Westchester they strong armed in their tenure.

Re: Feds seizing mob houses for forfeiture

by Dr031718 » Fri Apr 02, 2021 4:40 am

Ronnie Giallanzo was forced to sell his house by the feds

Feds seizing mob houses for forfeiture

by NYNighthawk » Fri Apr 02, 2021 4:30 am

Just reading about James Ida - Genovese family - losing his $5 million dollar home in Katonah. Gorgeous pics of the house, horse stables and property on zillow. Now doing life in the can.

Greg DePalma - Gambino family - lost his Scarsdale mansion and ended up in a 2 bedroom co-op in Tuckahoe.

Any other notable losses? Do the feds use the sale of these homes to pay court fines of the defendant or is it considered the fruits of an unlawful crime?

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