1 year since Anthony Casso passed away

Discuss all mafia families in the U.S., Canada, Italy, and everywhere else in the world.

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Southshore88
Straightened out
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Joined: Fri Aug 09, 2019 3:08 pm

Re: 1 year since Anthony Casso passed away

Post by Southshore88 »

Wiseguy wrote: Sun Dec 26, 2021 10:25 am
TallGuy19 wrote: Sun Dec 26, 2021 10:04 am
Southshore88 wrote: Sun Dec 26, 2021 9:00 am
Wiseguy wrote: Sat Dec 25, 2021 9:20 pm
jmack wrote: Sat Dec 25, 2021 7:53 pm
Wiseguy wrote: Sat Dec 25, 2021 7:05 pm
jmack wrote: Sat Dec 25, 2021 5:53 pm
Wiseguy wrote: Thu Dec 23, 2021 3:32 pm You've seen how these Italians work. For the most part it's OK. Get them cornered and you're dealing with nothing more than an animal.
Tony will pay. He’s a wealthy man…
Minus assets, I'd say under six.
Come on, he’s a boss.
Eh...he spends it as fast as he makes it. In one hand and out the other. That boat of his, no resale value whatsoever.
Is Hesh saying under $6M or $600k? If Hesh is referring to Tony’s cash (hence minus assets), I think it’s more likely to be $600k?
I would guess $6 million. He was laundering a couple hundred thousand dollars at a time with the Russian guy (can't remember his name), and he gave his lawyer a duffel bag with $400,000 in it when he went on the lam. We also know that he spent lavishly on everything from medical bills to gambling, so it's hard to imagine it would only be $600,000.
It was $600,000.

Remember Hesh was referring to how much Tony had "minus assets," i.e. his house, cars, boat, other real estate, his no show job w/Barone Sanitation, etc. Tony didn't just have $6 million in liquid cash laying around. If he did, Hesh and his son wouldn't have been having that conversation in the first place.

For comparison purposes, look at Johnny Sac. After he was arrested, his lawyer said the feds estimated his total net worth at $5 million. In addition to the $180,000 he had stashed in Boca Raton under his father's name, they listed his cash and portfolios with Fidelity and Vanguard, his 401k and severance parachute from Essany Scaffolding, his condo in Deal Beach at $450,000, the Maserati, Ginny's Yukon, and their house and its contents valued at $1.2 million.
Agree. This is also a guess by Hesh, so not an accurate number but a ballpark from an associate (albeit a long-time, high level associate even if he was not as close as he used to be in earlier seasons).

Tony would have used that money he laundered through those offshore accounts for the purpose of buying assets with clean money that the govt would have difficulty touching. If he was sitting on that cash, he would not be paying 10% (or whatever the number would be) to just have $6M in clean cash sitting on hand.
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