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The Mafia's "Credit Card" Racket #1019943
09/14/21 10:42 AM
09/14/21 10:42 AM
Joined: Sep 2019
Posts: 9,273
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NYMafia Offline OP
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Years ago, there was a thousand different 'earns' and ways for mob guys to make money. It seemed that a new scheme, scam, or racket, was being invented every day. But no racket scheme was half as enjoyable for mafiosi and street guys, or generated the quick fast bucks, that credit card fraud generated.

While it lasted (over 4 decades), credit card thefts, and credit card counterfeiting, generated untold wealth for the borgatas.




Last edited by NYMafia; 09/26/21 10:42 PM.
Re: The Mafia's "Credit Card" Racket [Re: NYMafia] #1019971
09/14/21 06:30 PM
09/14/21 06:30 PM
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NYMafia Offline OP
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So far TNYM has written exposes on the following tried and true rackets;

gambling rackets
loansharking
narcotics
jukebox and vending machines
cigarette bootlegging
waterfront rackets
garment industry rackets
air-freight rackets at JFK Airport
garbage racketeering
truck hijacking and cargo theft
credit card fraud rackets
food industry infiltration
business infiltration

If you visit our website and click "Rackets" you can scroll down and read any of them, or all of them as you please. And we're not done yet. We've got a few more real good ones coming your way down the road.

Our research only goes to show what a vast difference the mob world is from yesteryear to today.

Last edited by NYMafia; 09/14/21 06:46 PM.
Re: The Mafia's "Credit Card" Racket [Re: NYMafia] #1020057
09/16/21 02:49 PM
09/16/21 02:49 PM
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majicrat Offline
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Are you going to cover the Porn industry? That was a huge business as a kid in Times Square in the 70s it was like an sexual amusement park (not that participated other than the Peep show slots, I was very young, wide eyed and too scared! LOL).

Re: The Mafia's "Credit Card" Racket [Re: majicrat] #1020088
09/16/21 07:33 PM
09/16/21 07:33 PM
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MafiaStudent Offline
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We did a video on Mickey Zaffarano covering at least his part in the industry --

https://youtu.be/G90oz2Y9s_w

Re: The Mafia's "Credit Card" Racket [Re: majicrat] #1020103
09/16/21 08:27 PM
09/16/21 08:27 PM
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alicecooper Offline
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Originally Posted by majicrat
Are you going to cover the Porn industry? That was a huge business as a kid in Times Square in the 70s it was like an sexual amusement park (not that participated other than the Peep show slots, I was very young, wide eyed and too scared! LOL).


I sorta have an idea of those peep shows but not really. We're they all inside buildings or literally on the street?

We're they all fronts for prostitution? Did she start with tits and as you paid more you saw more? Were they old washed up hooked, or what kind of chicks did this and what kind of money could they make?

I'll have to dig out my DVD of the Basketball Diaries movie, I think that had a scene.

Re: The Mafia's "Credit Card" Racket [Re: NYMafia] #1020121
09/16/21 09:13 PM
09/16/21 09:13 PM
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alicecooper Offline
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Originally Posted by majicrat
Are you going to cover the Porn industry? That was a huge business as a kid in Times Square in the 70s it was like an sexual amusement park (not that participated other than the Peep show slots, I was very young, wide eyed and too scared! LOL).


I sorta have an idea of those peep shows but not really. We're they all inside buildings or literally on the street?

We're they all fronts for prostitution? Did she start with tits and as you paid more you saw more? Were they old washed up hooked, or what kind of chicks did this and what kind of money could they make?

I'll have to dig out my DVD of the Basketball Diaries movie, I think that had a scene.

Re: The Mafia's "Credit Card" Racket [Re: NYMafia] #1020134
09/16/21 11:03 PM
09/16/21 11:03 PM
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NYMafia Offline OP
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Peep Shows were inside buildings. They ran the gamut from simply vending machines types where you dropped a quarter and a film reel came up. You had to keep dropping quarters so the screen/wall wouldn't close on you. lol

Other types of peep shows were more "live action". you went into a booth, dropped your quarter and sat and watched lives girls dance and play with themselves in front of you. Again. You had to keep dropping those quarters or the window would close on you. Many a sucker pulled his pud while he watched the girls. Lol

And then course they sold magazines, tapes, pics, movies, sex toys, etc, etc. Live topless (and bottomless bars). Whorehouses, strip clubs, gay bars, etc. Never ending. If you can imagine it. They had it for you

It was (and is) big business. Sex sells. Always has. Always will!

Last edited by NYMafia; 09/16/21 11:05 PM.
Re: The Mafia's "Credit Card" Racket [Re: NYMafia] #1020236
09/17/21 09:23 PM
09/17/21 09:23 PM
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n.e.philly
hoodlum Offline
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n.e.philly
Originally Posted by NYMafia
Peep Shows were inside buildings. They ran the gamut from simply vending machines types where you dropped a quarter and a film reel came up. You had to keep dropping quarters so the screen/wall wouldn't close on you. lol

Other types of peep shows were more "live action". you went into a booth, dropped your quarter and sat and watched lives girls dance and play with themselves in front of you. Again. You had to keep dropping those quarters or the window would close on you. Many a sucker pulled his pud while he watched the girls. Lol

And then course they sold magazines, tapes, pics, movies, sex toys, etc, etc. Live topless (and bottomless bars). Whorehouses, strip clubs, gay bars, etc. Never ending. If you can imagine it. They had it for you

It was (and is) big business. Sex sells. Always has. Always will!

Indeed NY Mafia..it also existed here in Phila...(center city)..on Market St.,,& 13th st. was a hot spot,,many joints up untilit all came crumbling down via the wrecking ball..I remember going 2 see major asian porn star of the 80s Mai Lin & after the show..was made a very nice proposition in the booth while she pleasured herself...let's just say it's a night that i will never forget as far as celebs (porn) orally go..she was VERY nice 2 me.


I didn't want to leave blood on your carpet...
Re: The Mafia's "Credit Card" Racket [Re: hoodlum] #1020249
09/18/21 06:40 AM
09/18/21 06:40 AM
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NYMafia Offline OP
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Originally Posted by hoodlum
Originally Posted by NYMafia
Peep Shows were inside buildings. They ran the gamut from simply vending machines types where you dropped a quarter and a film reel came up. You had to keep dropping quarters so the screen/wall wouldn't close on you. lol

Other types of peep shows were more "live action". you went into a booth, dropped your quarter and sat and watched lives girls dance and play with themselves in front of you. Again. You had to keep dropping those quarters or the window would close on you. Many a sucker pulled his pud while he watched the girls. Lol

And then course they sold magazines, tapes, pics, movies, sex toys, etc, etc. Live topless (and bottomless bars). Whorehouses, strip clubs, gay bars, etc. Never ending. If you can imagine it. They had it for you

It was (and is) big business. Sex sells. Always has. Always will!

Indeed NY Mafia..it also existed here in Phila...(center city)..on Market St.,,& 13th st. was a hot spot,,many joints up untilit all came crumbling down via the wrecking ball..I remember going 2 see major asian porn star of the 80s Mai Lin & after the show..was made a very nice proposition in the booth while she pleasured herself...let's just say it's a night that i will never forget as far as celebs (porn) orally go..she was VERY nice 2 me.


Yep, for many years it was a billion dollar industry across the nation. The mob made tons (and so did a lot of other guys as well)

Re: The Mafia's "Credit Card" Racket [Re: NYMafia] #1020286
09/18/21 02:47 PM
09/18/21 02:47 PM
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alicecooper Offline
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So did you get to see the girl first or did you have to drop your coin and be surprised?

Were they usually hookers as well using it to find John's?

Last edited by alicecooper; 09/18/21 02:47 PM.
Re: The Mafia's "Credit Card" Racket [Re: alicecooper] #1020289
09/18/21 03:13 PM
09/18/21 03:13 PM
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NYMafia Offline OP
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Originally Posted by alicecooper
So did you get to see the girl first or did you have to drop your coin and be surprised?

Were they usually hookers as well using it to find John's?


Many were just live peeps with a glass wall between. No touching. Other venues you could touch the broad. And of course there were a ton of streetwalkers and cathouses also catering to the crowd.

Re: The Mafia's "Credit Card" Racket [Re: NYMafia] #1020334
09/19/21 02:13 PM
09/19/21 02:13 PM
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The_Premier Offline
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It is interesting to see how the mob is always one step ahead in these things. Even today banks factor in a percentage (and it’s not small beer) to cover the inevitable fraud on cards, most of which is OC

Re: The Mafia's "Credit Card" Racket [Re: The_Premier] #1027547
01/08/22 08:16 AM
01/08/22 08:16 AM
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NYMafia Offline OP
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Originally Posted by The_Premier
It is interesting to see how the mob is always one step ahead in these things. Even today banks factor in a percentage (and it’s not small beer) to cover the inevitable fraud on cards, most of which is OC


They have to insert an extra fee I'm sure to maintain their profitability, but I wouldn't cry for the credit card companies. Lol. They are just as shifty as the mob used to be. They dangle the carrot of -0- percentage rate for the first year and then promise you a rate "most likely" between 9-14% annually. Once they have you (and have encouraged you to switch over all your debt to them because of the zero percent rate they're giving you) then they slam you with 18-26% interest rates (or more depending upon where you reside). It's a typical "bait and switch" racket. So in reality how much different are they from any other scammer or fraudster?

And most consumers are then left with this massive invoice because they did in fact switch over all their debt to this company and end up paying "interest only" BS for the next hundred years!

The big difference being that they do it under the guise of being a "legitimate" entity. Lol ......yeah, right!

Re: The Mafia's "Credit Card" Racket [Re: NYMafia] #1027589
01/08/22 03:17 PM
01/08/22 03:17 PM
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Louiebynochi Offline
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Originally Posted by NYMafia
Originally Posted by The_Premier
It is interesting to see how the mob is always one step ahead in these things. Even today banks factor in a percentage (and it’s not small beer) to cover the inevitable fraud on cards, most of which is OC


They have to insert an extra fee I'm sure to maintain their profitability, but I wouldn't cry for the credit card companies. Lol. They are just as shifty as the mob used to be. They dangle the carrot of -0- percentage rate for the first year and then promise you a rate "most likely" between 9-14% annually. Once they have you (and have encouraged you to switch over all your debt to them because of the zero percent rate they're giving you) then they slam you with 18-26% interest rates (or more depending upon where you reside). It's a typical "bait and switch" racket. So in reality how much different are they from any other scammer or fraudster?

And most consumers are then left with this massive invoice because they did in fact switch over all their debt to this company and end up paying "interest only" BS for the next hundred years!

The big difference being that they do it under the guise of being a "legitimate" entity. Lol ......yeah, right!



18-26% APY is a lot better than a Shylock loan at between 78-156% annually....You should do something on the mob infiltration of payday loan places...those places are incredibly predatory....
And a lot of wiseguys are into them today through fronts especially in New York and Fla. like they used to be into the Pawn Shop businesses in the 90s and early 2000s

Last edited by Louiebynochi; 01/08/22 03:51 PM.

A March 1986 raid on DiBernardo's office seized alleged "child pornography and financial records." As "a result of the Postal Inspectors seizures [a federal prosecutor] is attempting to indict DiBernardo on child pornography violations" according to an FBI memo dated May 20, 1986.
Thousands of pages of FBI Files that document his involvement in Child Porn
https://www.muckrock.com/foi/united-states-of-america-10/star-distributors-ltd-46454/
https://www.upi.com/Archives/1981/0...s-Miporn-investigation-of/7758361252800/
https://www.courtlistener.com/opinion/1526052/united-states-v-dibernardo/
Re: The Mafia's "Credit Card" Racket [Re: NYMafia] #1027590
01/08/22 03:23 PM
01/08/22 03:23 PM
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DillyDolly Offline
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There are predators everywhere, with or without the mob. I remember the high cost of living used to get blamed on the Mafia, now that they've been run out of all industries, the cost of living is even higher.

Re: The Mafia's "Credit Card" Racket [Re: DillyDolly] #1027592
01/08/22 03:53 PM
01/08/22 03:53 PM
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Louiebynochi Offline
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All these businesses are meant to take from the poor...Your avg poor person spends most of theyre time giving away they’re money...wether it’s payday loans or check cashing or TVs that they don’t need....


A March 1986 raid on DiBernardo's office seized alleged "child pornography and financial records." As "a result of the Postal Inspectors seizures [a federal prosecutor] is attempting to indict DiBernardo on child pornography violations" according to an FBI memo dated May 20, 1986.
Thousands of pages of FBI Files that document his involvement in Child Porn
https://www.muckrock.com/foi/united-states-of-america-10/star-distributors-ltd-46454/
https://www.upi.com/Archives/1981/0...s-Miporn-investigation-of/7758361252800/
https://www.courtlistener.com/opinion/1526052/united-states-v-dibernardo/
Re: The Mafia's "Credit Card" Racket [Re: majicrat] #1027621
01/08/22 07:03 PM
01/08/22 07:03 PM
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NYMafia Offline OP
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Originally Posted by majicrat
Are you going to cover the Porn industry? That was a huge business as a kid in Times Square in the 70s it was like an sexual amusement park (not that participated other than the Peep show slots, I was very young, wide eyed and too scared! LOL).


I have touched on it in certain stories I've written for ButtonGuys but have never done a full blown expose' on it. But for the new year I do plan to write an ass-kicking expose' on the pornography rackets and how they intermingled with the American underworld. In fact, I've already gathered up a ton of information from research I've done over the last few years. I'll give you a heads up when its completed.


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