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Re: Ron Miceli Genovese
[Re: cheech]
#742236
09/30/13 12:41 PM
09/30/13 12:41 PM
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Joined: Feb 2013
Posts: 1,408
Snakes
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Underboss
Joined: Feb 2013
Posts: 1,408
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He was involved in some fraudulent transactions using pension funds back in the early nineties. Basically, Miceli and Jimmy Messera, who were both with the Genovese, got together with the Mason Tenders union president to have mob connected real estate appraisers value land/buildings at exaggerated prices and then, after securing a loan for said amount from the pension fund, purchase the buildings for the actual worth, which was often less than half of the phony "appraised" value, kicking back any excess funds generated from the pension fund loans.
They were eventually caught, and I believe served their sentences and are out of prison. As far as I know, Messera still has a crew. I don't know what Miceli is up to now.
"Snakes... Snakes... I don't know no Snakes."
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