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Jan 21st, 2020
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James LaForte and his scam #1053643
03/11/23 02:57 PM
03/11/23 02:57 PM
Joined: Jun 2011
Posts: 1,526
LuanKuci Offline OP
Underboss
LuanKuci  Offline OP
Underboss
Joined: Jun 2011
Posts: 1,526
All articles about him on the Inquirer are behind a paywall.
Is he connected as some allege?

Re: James LaForte and his scam [Re: LuanKuci] #1053685
03/12/23 12:09 PM
03/12/23 12:09 PM
Joined: Mar 2017
Posts: 1,529
Bensonhurst, Brooklyn, NYC
B
BensonHURST Offline
Bensonhurst
BensonHURST  Offline
Bensonhurst
B
Underboss
Joined: Mar 2017
Posts: 1,529
Bensonhurst, Brooklyn, NYC
His father Buddy Laforte is a made member he was captain many years ago however, Neil, thought he was being disrespectful so he demoted him.

Not sure where he stands in the family today.

Joe Laforte, got pinched in 2014 with the Gambino admin so he was doing business with the higher ups.

Re: James LaForte and his scam [Re: LuanKuci] #1053688
03/12/23 01:06 PM
03/12/23 01:06 PM
Joined: Mar 2017
Posts: 1,529
Bensonhurst, Brooklyn, NYC
B
BensonHURST Offline
Bensonhurst
BensonHURST  Offline
Bensonhurst
B
Underboss
Joined: Mar 2017
Posts: 1,529
Bensonhurst, Brooklyn, NYC
I have been posting about this racket.
Every family has their hands in this business.

It is a CASH-COW has been for many years now, legalized loan sharking.

The LaForte’s combined doing a Private Placement and raising money from the public with lending that money out at Interest rates that are the same as loan sharking rates.

The only component that is missing from this is an IPO, of sorts where they could have executed a PUMP and DUMP, scam like it was the late 90’s early 2000’s.


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