Mob Talk Sitdown 31

[slimshady_007]

What are the Odds are the feds have someone else wired up now ,

There’s definitely someone wired up. It could be anyone. A made guy, an associate, etc.

[Cheech]

So the money has dried up in Philly.


Pogo

Has it though? 3 years ago they said the mob was flourishing with mortgage scams and house flips. now theres no money. philly is abooming city. their book alone must be huge. these guys don't seem to have regular jobs. wheres the money coming from?

look im no expert and im not from philly. GA and DA would no more than me just seems hard to believe.

[Cheech]

*DS

[NJShore4Life]

They all drive expensive cars, vacation at the Jersey Shore all summer long, wear expensive clothes, and watches. They don’t appear to be hurting for
money one bit. A summer long rental in Margate alone is around 16k-25k a pop....

[Pogo The Clown]

So the money has dried up in Philly.

Has it though? 3 years ago they said the mob was flourishing with mortgage scams and house flips. now theres no money. philly is abooming city. their book alone must be huge. these guys don't seem to have regular jobs. wheres the money coming from?

look im no expert and im not from philly. GA and DA would no more than me just seems hard to believe.

Don't know how much they actually made from real estate. In a previous Mob Talk GA said both of their real estate companies folded less than a year after opening. So it sounds like that legal venture was a flop. Personally I think that whole thing was overhyped. Joey Pungitore and a few others flip a few houses and people made it out to be the second coming of the Concrete Club.


Pogo

[Confederate]

They all drive expensive cars, vacation at the Jersey Shore all summer long, wear expensive clothes, and watches.

Another gross exaggeration. THEY ALL do this... THEY ALL..do that.... Okay.

[eboli]

There have been a few statements in previous Mob Talks how there's not much action going on in Philly. When Lance was identified as street boss in Philly Anastasia said there's not much left to be a boss of.

[Chucky]

They all drive expensive cars, vacation at the Jersey Shore all summer long, wear expensive clothes, and watches.

Another gross exaggeration. THEY ALL do this... THEY ALL..do that.... Okay.

No not all, but some high level guys do, it's like anything else.

[Cheech]

So the money has dried up in Philly.

Has it though? 3 years ago they said the mob was flourishing with mortgage scams and house flips. now theres no money. philly is abooming city. their book alone must be huge. these guys don't seem to have regular jobs. wheres the money coming from?

look im no expert and im not from philly. GA and DA would no more than me just seems hard to believe.

Don't know how much they actually made from real estate. In a previous Mob Talk GA said both of their real estate companies folded less than a year after opening. So it sounds like that legal venture was a flop. Personally I think that whole thing was overhyped. Joey Pungitore and a few others flip a few houses and people made it out to be the second coming of the Concrete Club.


Pogo

I hear ya...IDK

[B.]

There aren't many periods where you can say they've been doing well financially as a collective organization. Select members did relatively well for themselves but there weren't many of them at any given time, even among the top leadership and captains. For example, Angelo Bruno's money was mostly self-generated going back to his time as an associate, not a reflection of the membership's earning abilities. The picture of them even at their peak is a gambling and loan organization with many members working jobs, running businesses, and at best living middle class urban lives.

It's one of the reasons why Philly's longevity is so impressive. Sure you have the murders, government witnesses, long prison sentences, etc. that have gutted the family multiple times, but what might be most impressive is that they've managed to keep going despite never having been a lucrative organization. Each regime has had to bust their asses to make seemingly less money than the regime before them.

I'm sure it's more of a struggle now than ever and I wouldn't be surprised if drug cases like the Servidio, Piccolo, etc. situations keep coming up. If you look at the Scarfo regime, many guys of various ranks were resorting to meth deals to make the money they wanted.

[Angelo Santino]

There aren't many periods where you can say they've been doing well financially as a collective organization. Select members did relatively well for themselves but there weren't many of them at any given time, even among the top leadership and captains. For example, Angelo Bruno's money was mostly self-generated going back to his time as an associate, not a reflection of the membership's earning abilities. The picture of them even at their peak is a gambling and loan organization with many members working jobs, running businesses, and at best living middle class urban lives.

It's one of the reasons why Philly's longevity is so impressive. Sure you have the murders, government witnesses, long prison sentences, etc. that have gutted the family multiple times, but what might be most impressive is that they've managed to keep going despite never having been a lucrative organization. Each regime has had to bust their asses to make seemingly less money than the regime before them.

I'm sure it's more of a struggle now than ever and I wouldn't be surprised if drug cases like the Servidio, Piccolo, etc. situations keep coming up. If you look at the Scarfo regime, many guys of various ranks were resorting to meth deals to make the money they wanted.

Blue Collar Borgata. Compared to other cities, its members have always been "local neighborhood guys" and never left it. Never thought of it until now but Philly's territory has changed relatively little, it's core has always been in South Philly: Carpenter St, Christian, Passyunk. Unlike Chicago and other cities, few few members deserted the area say for across the river into Camden.

Scarfo's era was truly one of a kind in that it involved casinos, unions, Family trips to Florida etc. But before and after that it's, like you stated: it was a blue collar operation with very little oversight. Guys involved in groups or by themselves in various rackets, admin members who's orders had to be followed. Philly's had some pretty charismatic underbosses. Marco Reginelli was kinda the Merlino before Merlino, just throw opium into the mix.

When I see Merlino today dressed in the latest trends compared to the rest of Philly who are dressed 5 notches down, it reminds me of Donnie Brasco where they're all waiting outside the club and along comes Galante dressed like the president. It could all be coincidental, Guy's aren't going to walk around S Philly dressed like GQ anymore than Merlino is going to stand before a judge dressed in a hoodie, but visually it reinforces that the only guys making money are the ones at the top.

[Mikeymike12]

Staino I solid earner ,any idea what his main money maker was ? I know he was one of the 3 main guys involved in the poker machines .Also Wonder how he got so close to uncle joe, my guess maybe the bartender union or maybe Staino’s uncle ?
Since Staino took that plea deal ,who took over his South Jersey crew.
When he gets out of the halfway house who will he fit in with .?

[Manf]

I'm sure this has been discussed many times before but I have always wondered why Philly was never really big into construction, unions, etc. I mean they had to have seen how much money was being made in New York and New Jersey.

[B.]

That pain cream scam Merlino had with the Genovese family isn't far off from the Angelo Bruno approach. Maybe Bruno wouldn't have messed with topical pharmaceutical scams specifically, but the idea of working on his own direct with an NYC family to make money for himself on a larger scale fits Bruno. Neither Bruno nor Merlino seem to have had many lucrative opportunities coming from the membership underneath.

[chin_gigante]

As of next year, unless anything changes, Merlino will have been boss of Philadelphia for as long as Bruno as well