Looks like Nicky Scarfo Jr's bank fraud case is starting in october. His wife has pleaded guilty and is facing 5 years in prison. Not a good sign for Nicky Jr.

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http://www.philly.com/philly/news/new_je...conspiracy.html


Scarfo's wife admits mortgage-fraud conspiracy


Wednesday, September 18, 2013, 1:08 AM

Robert Moran, Inquirer Staff Writer


The wife of convicted mobster Nicodemo S. Scarfo pleaded guilty Tuesday in federal court to conspiracy related to mortgage fraud that hid her then-fiance's involvement in the purchase of a house in Egg Harbor Township, N.J.

Lisa Marie Scarfo, 34, of Elmer, N.J., admitted that she participated in a January 2008 scheme with her husband and others to obtain a $500,000 mortgage from St. Edmonds Federal Savings Bank.

Lisa Scarfo, also known as Lisa Murray-Scarfo, signed a fake tax return exaggerating her income. The return was then used in her loan application, which was approved.

A $215,000 down payment was made on the house using proceeds allegedly obtained by Nicodemo Scarfo from FirstPlus Financial Group Inc., a Texas-based financial-services company that was the target of an "extortionate takeover and looting" conspiracy, federal prosecutors said.

Lisa Scarfo, who pleaded guilty before U.S. District Judge Robert B. Kugler in Camden federal court, faces a maximum sentence of five years in prison. Her sentencing is scheduled for Jan. 10.

Nicodemo Scarfo, son of jailed Philadelphia mob boss Nicodemo D. "Little Nicky" Scarfo, is facing trial in October over his alleged involvement in siphoning more than $12 million from FirstPlus.

He is identified in his wife's charging document as "Nicodemo S. Scarfo, also known as 'Nicky,' also known as 'Nick,' also known as 'Cousin,' also known as 'Junior,' also known as 'Nick Primo,' also known as 'Mr. Apple,' also known as 'Mr. Macintosh.' "

In 1989, Nicodemo S. Scarfo survived what was called a mob assassination attempt when he was shot eight times on Halloween night as he dined at Dante's & Luigi's Restaurant in South Philadelphia.

First his wife now Scarfo Jr's cousin has pleaded guilty in the bank fraud case.

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Scarfo cousin admits fraud role

September 19, 2013
Robert Moran

A cousin of convicted mobster Nicodemo S. Scarfo pleaded guilty Wednesday in federal court to conspiracy to defraud a Texas-based financial firm.
John Parisi, 52, of Atlantic City, managed a family trust and limited liability company on Scarfo's behalf as part of a scheme to defraud FirstPlus Financial Group Inc., prosecutors said.

Parisi, who faces a maximum of five years in prison, is scheduled to be sentenced Jan. 17. He entered his plea before U.S. District Judge Robert B. Kugler in Camden.

Scarfo, son of jailed Philadelphia mob boss Nicodemo D. "Little Nicky" Scarfo, faces trial in October over his alleged involvement in siphoning more than $12 million from FirstPlus.

http://www.philly.com/philly/news/local/20130919_Scarfo_cousin_admits_fraud_role.html