With how difficult it is to get a loan these days I'm surprised sharking is gone in Chicago , that seems strange to me in a business that has good margins . Although I guess if the outfit uses no violence these days and no one is scared of them I guess no ow was paying them back .

The same logic probably applies to bookmaking

In NJ this is the mobs bread and butter will and likely will always be

Especially if a wise guy can Borrow funds from one of his legitimate companies at very low rates and lend it out , he could generate a very high margin business .

Sharking is still pretty big in the NJ bar , strip bar and italian restaurant scene , alot of bartenders and like still rely on it ( paycheck to paycheck workers ) , I know several of my friends do this $500 to a $1k here and there and with 1 good tip might they can pay it off.

If the mob was smart , they should of cornered the pay day loan market as they basically started it .

Btw Chicago you are the best and most realistic outfit poster on here , I very much welcome your addition to this forum and I'm very sorry for your loss