Originally Posted by NickyfromTampa
[quote=furio_from_naples][quote=Beenaround
"Many of Gene's phone calls – and visits from Gambino wiseguys – concerned the day-to-day operations of Gene's half of an unusual joint loansharking operation he shared with Colombo capo Joseph Scopo, a longtime gangster buddy until Scopo (right) was killed in 1993, the last of 12 victims of the bloody Colombo mob war that began in 1991.
"Despite Gene's incarceration and Scopo's death, their loanshark business is booming.

When Scopo died, his brother Ralph, a Colombo soldier, took over his brother's share of the loanshark operation, valued at $500,000 by the affidavit but which sources say today has more than $1 million "on the street" earning from 100 to 200 per cent interest a year."

(end article)..


And, here in the UK the government has implemented a new maximum rate of interest chargeable.

Now a max of 1500% instead of 6-8000% some payday loans companies were previously charging.

And don't get me started on the amount of gambling adverts,here.

Something like half the EPL (footy) have shirt sponsorship by gambling companies