generational wealth

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Expand view Topic review: generational wealth

Re: generational wealth

by JCB1977 » Sat Mar 04, 2023 7:55 am

CornerBoy wrote: Thu Mar 02, 2023 6:22 pm
JCB1977 wrote: Wed Mar 01, 2023 9:23 am
CornerBoy wrote: Wed Mar 01, 2023 6:28 am
JCB1977 wrote: Sat Feb 25, 2023 7:39 am Meyer Lansky had a net worth equal to $600 million dollars at the time of his death, after adjusting for inflation. When he died, the FBI believed that he left $300-$400 million in hidden bank accounts around the world. As of this writing in 2007, the money was never found.
then where the fuck did it go?

He was an associate who belonged to Alo.

Maybe he was very smart and helped the Genovese EARN that much but his family was left impecunious.
First of all, your response is uncalled for. If you believe his family, I have a snowman to sell you. The Feds believe that millions upon millions was overseas. Regardless if he was an associate, he was as important or more than most Italians in the history of OC. Sending money overseas to avoid the Feds was a common practice.
very nmportant in history, no doubt. wasn't being nasty towards you, if it came across that way, I apologize.
No worries…

Re: generational wealth

by DonPeppino386 » Fri Mar 03, 2023 2:06 pm

Joe Francolino of the Gambinos was another guy that comes to mind that I remember reading left a LOT of money.

Re: generational wealth

by CornerBoy » Thu Mar 02, 2023 6:22 pm

JCB1977 wrote: Wed Mar 01, 2023 9:23 am
CornerBoy wrote: Wed Mar 01, 2023 6:28 am
JCB1977 wrote: Sat Feb 25, 2023 7:39 am Meyer Lansky had a net worth equal to $600 million dollars at the time of his death, after adjusting for inflation. When he died, the FBI believed that he left $300-$400 million in hidden bank accounts around the world. As of this writing in 2007, the money was never found.
then where the fuck did it go?

He was an associate who belonged to Alo.

Maybe he was very smart and helped the Genovese EARN that much but his family was left impecunious.
First of all, your response is uncalled for. If you believe his family, I have a snowman to sell you. The Feds believe that millions upon millions was overseas. Regardless if he was an associate, he was as important or more than most Italians in the history of OC. Sending money overseas to avoid the Feds was a common practice.
very nmportant in history, no doubt. wasn't being nasty towards you, if it came across that way, I apologize.

Re: generational wealth

by FriendofHenry » Thu Mar 02, 2023 11:31 am

JCB1977 wrote: Thu Mar 02, 2023 9:15 am
FriendofHenry wrote: Thu Mar 02, 2023 8:11 am
JCB1977 wrote: Thu Mar 02, 2023 7:03 am
FriendofHenry wrote: Wed Mar 01, 2023 12:44 pm
JCB1977 wrote: Wed Mar 01, 2023 11:50 am
FriendofHenry wrote: Wed Mar 01, 2023 10:51 am
JCB1977 wrote: Wed Mar 01, 2023 9:49 am Here is an example of a smaller crime family having a finance expert wash obscene amounts of money over to Luxembourg, Switzerland and other areas of the world. Vic Calautti from Youngstown handled transactions for Philadelphia mob members, Scranton, Pittsburgh and Youngstown.

https://news.google.com/newspapers?id=3 ... town&hl=en
Vic's shown income was his used car dealer on Wick Ave.in Youngstown, Ohio.
Vic lived in a big, beautiful home in one of the best neighborhoods in Boardman, Ohio, Forest Glen.
He was also President of National Builders Corp., his primary source of income. The company consistently showed a strong net profit.
Yeah, that's a good "get"! I forgot about him being involved with National Builders Corp. I knew his Son who was a very good professional chef.
Did you personally know Vic? I met him through Popeye Stevens, a local big time BM who "enjoyed" Youngstown's biggest bettors.
No. Didn't know Vic personally but I didn't need to know him personally to know that he was President of National Builder's Corp. In the 70's, the old man on Medford instructed him to give my Mom a car for free from his dealership. He danced to the old man's tune. Popeye and my grandpa traveled together frequently. He helped me out of a jam with Judge Emrich in the mid 90's.
Good. Can I assume the Old Man on Medford was "Big Dom"?
The only old man on Medford that I'm aware of ;)
It does get any better than him especially in the Mahoning Valley :)

Re: generational wealth

by JCB1977 » Thu Mar 02, 2023 9:15 am

FriendofHenry wrote: Thu Mar 02, 2023 8:11 am
JCB1977 wrote: Thu Mar 02, 2023 7:03 am
FriendofHenry wrote: Wed Mar 01, 2023 12:44 pm
JCB1977 wrote: Wed Mar 01, 2023 11:50 am
FriendofHenry wrote: Wed Mar 01, 2023 10:51 am
JCB1977 wrote: Wed Mar 01, 2023 9:49 am Here is an example of a smaller crime family having a finance expert wash obscene amounts of money over to Luxembourg, Switzerland and other areas of the world. Vic Calautti from Youngstown handled transactions for Philadelphia mob members, Scranton, Pittsburgh and Youngstown.

https://news.google.com/newspapers?id=3 ... town&hl=en
Vic's shown income was his used car dealer on Wick Ave.in Youngstown, Ohio.
Vic lived in a big, beautiful home in one of the best neighborhoods in Boardman, Ohio, Forest Glen.
He was also President of National Builders Corp., his primary source of income. The company consistently showed a strong net profit.
Yeah, that's a good "get"! I forgot about him being involved with National Builders Corp. I knew his Son who was a very good professional chef.
Did you personally know Vic? I met him through Popeye Stevens, a local big time BM who "enjoyed" Youngstown's biggest bettors.
No. Didn't know Vic personally but I didn't need to know him personally to know that he was President of National Builder's Corp. In the 70's, the old man on Medford instructed him to give my Mom a car for free from his dealership. He danced to the old man's tune. Popeye and my grandpa traveled together frequently. He helped me out of a jam with Judge Emrich in the mid 90's.
Good. Can I assume the Old Man on Medford was "Big Dom"?
The only old man on Medford that I'm aware of ;)

Re: generational wealth

by FriendofHenry » Thu Mar 02, 2023 8:11 am

JCB1977 wrote: Thu Mar 02, 2023 7:03 am
FriendofHenry wrote: Wed Mar 01, 2023 12:44 pm
JCB1977 wrote: Wed Mar 01, 2023 11:50 am
FriendofHenry wrote: Wed Mar 01, 2023 10:51 am
JCB1977 wrote: Wed Mar 01, 2023 9:49 am Here is an example of a smaller crime family having a finance expert wash obscene amounts of money over to Luxembourg, Switzerland and other areas of the world. Vic Calautti from Youngstown handled transactions for Philadelphia mob members, Scranton, Pittsburgh and Youngstown.

https://news.google.com/newspapers?id=3 ... town&hl=en
Vic's shown income was his used car dealer on Wick Ave.in Youngstown, Ohio.
Vic lived in a big, beautiful home in one of the best neighborhoods in Boardman, Ohio, Forest Glen.
He was also President of National Builders Corp., his primary source of income. The company consistently showed a strong net profit.
Yeah, that's a good "get"! I forgot about him being involved with National Builders Corp. I knew his Son who was a very good professional chef.
Did you personally know Vic? I met him through Popeye Stevens, a local big time BM who "enjoyed" Youngstown's biggest bettors.
No. Didn't know Vic personally but I didn't need to know him personally to know that he was President of National Builder's Corp. In the 70's, the old man on Medford instructed him to give my Mom a car for free from his dealership. He danced to the old man's tune. Popeye and my grandpa traveled together frequently. He helped me out of a jam with Judge Emrich in the mid 90's.
Good. Can I assume the Old Man on Medford was "Big Dom"?

Re: generational wealth

by JCB1977 » Thu Mar 02, 2023 7:03 am

FriendofHenry wrote: Wed Mar 01, 2023 12:44 pm
JCB1977 wrote: Wed Mar 01, 2023 11:50 am
FriendofHenry wrote: Wed Mar 01, 2023 10:51 am
JCB1977 wrote: Wed Mar 01, 2023 9:49 am Here is an example of a smaller crime family having a finance expert wash obscene amounts of money over to Luxembourg, Switzerland and other areas of the world. Vic Calautti from Youngstown handled transactions for Philadelphia mob members, Scranton, Pittsburgh and Youngstown.

https://news.google.com/newspapers?id=3 ... town&hl=en
Vic's shown income was his used car dealer on Wick Ave.in Youngstown, Ohio.
Vic lived in a big, beautiful home in one of the best neighborhoods in Boardman, Ohio, Forest Glen.
He was also President of National Builders Corp., his primary source of income. The company consistently showed a strong net profit.
Yeah, that's a good "get"! I forgot about him being involved with National Builders Corp. I knew his Son who was a very good professional chef.
Did you personally know Vic? I met him through Popeye Stevens, a local big time BM who "enjoyed" Youngstown's biggest bettors.
No. Didn't know Vic personally but I didn't need to know him personally to know that he was President of National Builder's Corp. In the 70's, the old man on Medford instructed him to give my Mom a car for free from his dealership. He danced to the old man's tune. Popeye and my grandpa traveled together frequently. He helped me out of a jam with Judge Emrich in the mid 90's.

Re: generational wealth

by newera_212 » Wed Mar 01, 2023 9:29 pm

Dr031718 wrote: Wed Mar 01, 2023 4:40 am Sorry forgot to post a link

https://www.healthcarefinancenews.com/n ... ealth-plan
Thank you - exactly what I was looking for. Salute to him, whether he actually helped build that company up or simply spent the right money at the right time when he put it together back in the day, that's one of the craziest examples of a LCN guy hitting it big in the modern era. The guy should be about 80 or 81 about now per that article... his family, family's family, and so on, should be set for a very long time to come

Re: generational wealth

by FriendofHenry » Wed Mar 01, 2023 12:44 pm

JCB1977 wrote: Wed Mar 01, 2023 11:50 am
FriendofHenry wrote: Wed Mar 01, 2023 10:51 am
JCB1977 wrote: Wed Mar 01, 2023 9:49 am Here is an example of a smaller crime family having a finance expert wash obscene amounts of money over to Luxembourg, Switzerland and other areas of the world. Vic Calautti from Youngstown handled transactions for Philadelphia mob members, Scranton, Pittsburgh and Youngstown.

https://news.google.com/newspapers?id=3 ... town&hl=en
Vic's shown income was his used car dealer on Wick Ave.in Youngstown, Ohio.
Vic lived in a big, beautiful home in one of the best neighborhoods in Boardman, Ohio, Forest Glen.
He was also President of National Builders Corp., his primary source of income. The company consistently showed a strong net profit.
Yeah, that's a good "get"! I forgot about him being involved with National Builders Corp. I knew his Son who was a very good professional chef.
Did you personally know Vic? I met him through Popeye Stevens, a local big time BM who "enjoyed" Youngstown's biggest bettors.

Re: generational wealth

by JCB1977 » Wed Mar 01, 2023 11:50 am

FriendofHenry wrote: Wed Mar 01, 2023 10:51 am
JCB1977 wrote: Wed Mar 01, 2023 9:49 am Here is an example of a smaller crime family having a finance expert wash obscene amounts of money over to Luxembourg, Switzerland and other areas of the world. Vic Calautti from Youngstown handled transactions for Philadelphia mob members, Scranton, Pittsburgh and Youngstown.

https://news.google.com/newspapers?id=3 ... town&hl=en
Vic's shown income was his used car dealer on Wick Ave.in Youngstown, Ohio.
Vic lived in a big, beautiful home in one of the best neighborhoods in Boardman, Ohio, Forest Glen.
He was also President of National Builders Corp., his primary source of income. The company consistently showed a strong net profit.

Re: generational wealth

by FriendofHenry » Wed Mar 01, 2023 10:51 am

JCB1977 wrote: Wed Mar 01, 2023 9:49 am Here is an example of a smaller crime family having a finance expert wash obscene amounts of money over to Luxembourg, Switzerland and other areas of the world. Vic Calautti from Youngstown handled transactions for Philadelphia mob members, Scranton, Pittsburgh and Youngstown.

https://news.google.com/newspapers?id=3 ... town&hl=en
Vic's shown income was his used car dealer on Wick Ave.in Youngstown, Ohio.
Vic lived in a big, beautiful home in one of the best neighborhoods in Boardman, Ohio, Forest Glen.

Re: generational wealth

by JCB1977 » Wed Mar 01, 2023 9:49 am

Here is an example of a smaller crime family having a finance expert wash obscene amounts of money over to Luxembourg, Switzerland and other areas of the world. Vic Calautti from Youngstown handled transactions for Philadelphia mob members, Scranton, Pittsburgh and Youngstown.

https://news.google.com/newspapers?id=3 ... town&hl=en

Re: generational wealth

by JCB1977 » Wed Mar 01, 2023 9:23 am

CornerBoy wrote: Wed Mar 01, 2023 6:28 am
JCB1977 wrote: Sat Feb 25, 2023 7:39 am Meyer Lansky had a net worth equal to $600 million dollars at the time of his death, after adjusting for inflation. When he died, the FBI believed that he left $300-$400 million in hidden bank accounts around the world. As of this writing in 2007, the money was never found.
then where the fuck did it go?

He was an associate who belonged to Alo.

Maybe he was very smart and helped the Genovese EARN that much but his family was left impecunious.
First of all, your response is uncalled for. If you believe his family, I have a snowman to sell you. The Feds believe that millions upon millions was overseas. Regardless if he was an associate, he was as important or more than most Italians in the history of OC. Sending money overseas to avoid the Feds was a common practice.

Re: generational wealth

by CornerBoy » Wed Mar 01, 2023 6:28 am

JCB1977 wrote: Sat Feb 25, 2023 7:39 am Meyer Lansky had a net worth equal to $600 million dollars at the time of his death, after adjusting for inflation. When he died, the FBI believed that he left $300-$400 million in hidden bank accounts around the world. As of this writing in 2007, the money was never found.
then where the fuck did it go?

He was an associate who belonged to Alo.

Maybe he was very smart and helped the Genovese EARN that much but his family was left impecunious.

Re: generational wealth

by Dr031718 » Wed Mar 01, 2023 4:40 am


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