Gambino Crime Family's 'High Stakes' Operation Charged: Monopoly Night Will Never Be the Same

Gambino Crime Family's 'High Stakes' Operation Charged: Monopoly Night Will Never Be the Same

3 minute read
Published: 6/6/2024

In a twist that comes straight out of a Martin Scorsese film, seventeen individuals were recently arrested in connection with illegal gambling and loansharking operations controlled by the infamous Gambino crime family. Among the charges were enterprise corruption, promoting gambling, criminal usury, and conspiracy – a true smorgasbord of illicit activities that would make even Tony Soprano raise an eyebrow.

The illegal operations reportedly raked in a staggering $22.7 million from illegal bets and $500,000 from usurious loans, showing that old-school crime tactics can still pull in some serious dough (NY Post, USA Today).

Key individuals charged in this criminal opera include John LaForte, Anthony Cinque, John Matera, Edward LaForte, Frederick Falcone Sr., Giulio Pomponio, Daniel Bogan, and Amy McLaughlin. McLaughlin, a character it sounds like straight out of a noir novel, was accused of assisting in organizing the gambling ring by keeping meticulous records and handling proceeds – the unsung hero behind the scenes of this criminal drama (NY Post, USA Today).

Attorney General Letitia James summarized the scheme succinctly, noting: "Illegal gambling and loan sharking schemes are some of the oldest rackets in the mob’s playbook" (NY Post, USA Today). Add a dash of mortgage fraud, also involving John LaForte and family members, and you’ve got a recipe for classic mob behavior. Just like Mama used to make, only with a bit more criminal flair (NY Post, USA Today).

The masterminds didn’t exactly pick the most low-key locations for their clandestine activities. Meetings were operatically directed from the Eltingville Shopping Center and Greenridge Shopping Center, places more synonymous with mundane errands rather than mapping out multi-million dollar criminal enterprises (NY Post, USA Today).

Edward LaForte takes a special bow as the manager of the gambling website that facilitated sports bets. His meticulous nature didn't go unnoticed, especially given the detailed ledgers of loan sharking victims kept by both him and Frederick Falcone Sr. – a spectacular display of the organized crime world's affection for fine bookkeeping (NY Post, USA Today).

The participants were arraigned at the Staten Island Courthouse, with the investigation making impressive use of wiretaps, covert surveillance, and search warrants on residences and an offshore website. Clearly, even modern mobsters can’t escape the long arm of the law when they fail to clear their browser history (NY Post, USA Today).

The case against this cadre of colorful characters has been adjourned to August 13. If convicted, they might have plenty of time to enjoy underground Monopoly nights of their own, albeit with a lot less real estate and a bit more iron bars (NY Post).

For those keeping tabs, the Gambino crime family is part of New York’s illustrious "Five Families," known for a variety of extracurriculars including racketeering, gambling, and loansharking (NY Post, USA Today). This latest escapade follows previous indictments from last year involving Gambino associates in the carting and demolition industries, proving the family’s commitment to diversification (NY Post, USA Today).

In this ever-evolving drama of crime and punishment, one thing remains certain: no matter how times change, some things stay the same – like the mob’s penchant for shenanigans and our undying fascination with their occasionally artful dodges.