Powered by Blogger.

rss

Saturday, 18 October 2008

Assets will be confiscated from six mob leaders, including Nicolo Rizzuto, as the case against them enters the sentencing stage.


Assets will be confiscated from six mob leaders, including Nicolo Rizzuto, as the case against them enters the sentencing stage.Last month, when Rizzuto and the five other reputed leaders of the Montreal Mafia pleaded guilty to charges stemming from Project Colisee, prosecutor Yvan Poulin told Quebec Court Judge Jean-Pierre Bonin that confiscations had played a role in the plea bargaining process.Project Colisee was a Combined Forces Special Enforcement Unit investigation into the Rizzuto organization and its involvement in drug smuggling, drug trafficking and illegal gambling.Among the assets seized when arrests were carried out in November 2006 were 10 residences in Montreal and Laval, $3.5 million in cash and the assets from several bank accounts.When Francesco (Chit) Del Balso, 38 was arrested as part of the Colisee sweep, the Crown placed a seizure order on his home in Laval’s Vimont district. The court order blocked Del Balso and his wife from selling their house or using it to obtain a loan. The house was estimated to be worth more than $350,000 in the most recent municipal evaluation. The RCMP was also seeking to confiscate a luxury villa Del Balso owns in Acapulco, Mexico, as well as assets in several bank accounts linked to him through business associates and relatives.But according to the revised indictment filed when Del Balso pleaded guilty last month, he only admits to possessing “sums of money” that were derived from other criminal acts he pleaded guilty to like drug trafficking.The other five leaders also pleaded guilty to possessing money obtained as the proceeds of crime.The Canada Revenue Agency has placed a seizure order on Rizzuto’s home in northern Montreal, estimated to be worth more than $650,000, while it pursues him for more than $1.5 million in unpaid taxes on revenue he allegedly made while leading the mob.The federal taxman has taken similar action on a Laval residence owned by Lorenzo Giordano that is also estimated to be worth more than $650,000.Bonin is also expected to hear what sentences have been agreed upon. The judge is not required to accept a joint recommendation on a sentence if he disagrees with it, but there is little chance Bonin will be surprised by any joint recommendations because he sat in on the lengthy negotiations that produced the guilty pleas.

0 comments:

Related Posts Plugin for WordPress, Blogger...

van

Pageviews from the past week

van

Drug Enforcement automatically monitors news articles and blog posts tracking breaking news of arrests and drug incidents as they happen worldwide .These inter-active News Reports are followed as they develop. Giving you the chance to comment on breaking stories as they happen. Drug Enforcement alerts you to topics that are frequently linked to and commented upon in the world press. Someone is arrested every 20 seconds for a drug related offense !Readers are solely responsible for the content of the comments they post here. Comments are subject to the Blogspots terms and conditions of use and do not necessarily reflect the opinion or approval of the Drug Enforcement site. Readers whose comments violate the terms of use may have their comments removed or all of their content blocked from viewing by other users without notification.

Popular Posts

Latest Templates

FEEDJIT Live Traffic Map

Friend's Link

Blog Archive

 

Privacy Policy (site specific)

Privacy Policy (site specific)
Privacy Policy :This blog may from time to time collect names and/or details of website visitors. This may include the mailing list, blog comments sections and in various sections of the Connected Internet site.These details will not be passed onto any other third party or other organisation unless we are required to by government or other law enforcement authority.If you contribute content, such as discussion comments, to the site, your contribution may be publicly displayed including personally identifiable information.Subscribers to the mailing list can unsubscribe at any time by writing to info (at) copsandbloggers@googlemail.com. This site links to independently run web sites outside of this domain. We take no responsibility for the privacy practices or content of such web sites.This site uses cookies to save login details and to collect statistical information about the numbers of visitors to the site.We use third-party advertising companies to serve ads when you visit our website. These companies may use information (not including your name, address, email address or telephone number) about your visits to this and other websites in order to provide advertisements about goods and services of interest to you. If you would like more information about this practice and would like to know your options in relation to·not having this information used by these companies, click hereThis site is suitable for all ages, but not knowingly collect personal information from children under 13 years old.This policy will be updated from time to time. If we make significant changes to this policy after that time a notice will be posted on the main pages of the website.

Latest News

Add to Technorati Favorites
Site Specific Privacy Policy run in accordance with http://www.google.com/privacy.html
We can be reached via e-mail at
copsandbloggers@googlemail.com
For each visitor to our Web page, our Web server automatically recognizes information of your browser, IP address, City/State/Country.
We collect only the domain name, but not the e-mail address of visitors to our Web page, the e-mail addresses of those who communicate with us via e-mail.
The information we collect is used for internal review and is then discarded, used to improve the content of our Web page, used to customize the content and/or layout of our page for each individual visitor.
With respect to cookies: We use cookies to store visitors preferences, record user-specific information on what pages users access or visit, customize Web page content based on visitors' browser type or other information that the visitor sends.
With respect to Ad Servers: To try and bring you offers that are of interest to you, we have relationships with other companies like Google (www.google.com/adsense) that we allow to place ads on our Web pages. As a result of your visit to our site, ad server companies may collect information such as your domain type, your IP address and clickstream information. For further information, consult the privacy policy of:
http://www.google.com/privacy.html
copsandbloggers@googlemail.com
If you feel that this site is not following its stated information policy, you may contact us at the above email address.