Welcome to The Home Equity Theft Reporter, a blog dedicated to informing the consumer public and the legal profession about Home Equity Theft issues. This blog will consist of information describing the various forms of Home Equity Theft and links to news reports & other informational sources from throughout the country about the victims of Home Equity Theft and what government authorities and others are doing about it.
Monday, February 13, 2017
Brooklyn Feds Invoke Criminal Forfeiture Laws In Effort To Snatch Convicted Mobster's Home Allegedly Purchased, Renovated With Dirty Cash
In Howard Beach, Queens, New York Post reports:
He lost his freedom, and now a convicted mobster might lose his Queens house.
The US Attorney’s office wants to seize the Howard Beach home of Bonanno soldier Ronald Giallanzo, fresh out of the clink after a year behind bars, according to court papers.
Giallanzo, who has 17 years in the crime family, made millions managing illegal online sports betting rings, the US Attorney’s Office said in the Brooklyn Federal Court legal filing.
The 3,500-square-foot house is “nominally” owned by Giallanzo’s wife, Elizabeth, but because Giallanzo used dirty money to “purchase, construct and renovate” the 86th Street property, the government is entitled to take it under criminal forfeiture laws, according to court documents.
In 2015 Ronald Giallanzo landed in legal hot water after violating the terms of his supervised release by repeatedly meeting with mobsters, including at a Staten Island Christmas party.
CBC News: Betrayal of Trust (A CBC investigation reveals how lawyers across Canada have misappropriated and mishandled clients money, to the tune of tens of millions of dollars, or sometimes even charging vulnerable people top dollar for shoddy services)
The information, reporting, and commentary contained in The Home Equity Theft Reporter are intended solely to provide general information on The Home Equity Theft issues occurring throughout the United States and are based on information sources deemed reliable by The Home Equity Theft Reporter.
This weblog is not intended, nor should it be regarded by the reader, as a solicitation for business. The posts on this site are presented as general research, information and personal opinion of The Home Equity Theft Reporter and are expressly not intended, shall not constitute, and should not be regarded by anyone, as legal advice.
No claims, promises or guarantees about the accuracy, completeness or adequacy of the information linked to or from this weblog are contained herein.