Wednesday, November 2, 2011
Son Of ‘Little Nicky’ Scarfo Indicted
The son of imprisoned Philadelphia mob boss Nicodemo “Little Nicky” Scarfo was charged yesterday with looting a financial company. A federal indictment handed up in Camden, New Jersey, accused Nicodemo S. Scarfo and 12 others of racketeering conspiracy. The elder Scarfo and Vittorio Amuso, head of the Lucchese crime family, both serving long prison terms, were named as unindicted co-conspirators. The younger Scarfo, 46, was arrested at his home near Atlantic City, New Jersey. The investigation of FirstPlus Financial Group Inc., which has its headquarters in Beaumont, Texas, began in 2008. Prosecutors allege the younger Scarfo and Salvatore Pelullo, a businessman in Elkins Park, Pennsylvania, orchestrated a scheme that involved setting up dummy companies that FirstPlus bought or invested in. The defendants include several lawyers, an accountant and former FirstPlus executives. Lisa Scarfo was indicted with her husband. The elder Scarfo, 82, is not scheduled to be released until 2033, meaning he will almost certainly die in prison.
at 12:30 PM