Genovese Mobster Charged Last Year for Illegal Bookmaking Now Indicted on Tax Fraud
Genovese Mobster Salvatore DeMeo has bee indicted on tax fraud charges and is accused of cheating the IRS out of $365,000 in taxes.
The 77-year-old was charged with tax evasion Thursday by the Eastern District Court of New York for attempting to hide $2 million dollars in capital gains from Downtown Brooklyn real estate deals brokered during the years 2013 and 2014.
The case against him claims that DeMeo attempted to conceal the deal by taking eight separate bank checks as payment while moving another check for $355,944 through an unlicensed check-cashing company.
“Today’s arrest reflects our continued commitment to prosecuting alleged members of the mafia with every tool available to us,” stated Executive Assistant United States Attorney William J. Muller.
“Organized crime members are on notice that this Office and its law enforcement partners will hold them accountable for such economic crimes no less than for their traditional schemes and offenses,” he continued.
Last year, DeMeto was arrested along with a dozen other Genovese associates for running an offshore gambling and loansharking ring using the website 4Spades.org.
- Jagajeet Chiba, Gambling911.com
