Queens deli owner and reputed Bonanno associate Robert Pisani pleaded guilty "to collection of unlawful gambling debts" as part of an alleged "decades-long wiseguy outfit that raked in $26 million" as reported by the Daily News.
A "gang of three killers dressed in suits burst into Garden Valley Distribution, a deli products wholesaler on 101st Ave. near 99th St. in Ozone Park," and shot 64-year-old owner Hani Kasem in the head apparently over a $50,000 loan he took from some shylock to open his business as reported by the Daily News: "Kasem was making monthly repayments of $300, but about six months ago, the lender changed his terms and demanded the rest of the money be repaid immediately, sources said."
New York State police will exhume the unidentified remains of a body they believe was a victim of a mob hit, and "hope to uncover DNA evidence that can be used to match the remains with a possible relative" as reported by Newsday:
The body was found near a small stream near the town of Tuxedo by telephone company workers on Jan. 20, 1969. The remains were badly decomposed. The area had been a historic dumping ground for mob killings, particularly of the Gambino crime family, law enforcement sources said.
The best guess is that the poor soul is Michael Scandifia. The Gambino loanshark was reported missing in December 1968, and his car was found near where the remains were discovered a month later in Tuxedo.
One of the biggest moneymakers for the Mafia families has been through loansharking, and in February 1965 the FBI's New York Field Office prepared an 87-page report for Director J. Edgar Hoover on so-called shylocking which details the racket and identifies its players including Michael Scandifia: "Confidential Source 4 advised in January, 1963, that Scandifia is a member of the Carlo Gambino 'family' of 'La Cosa Nostra' under Carmine Lombardozzi."
A federal jury in New York has convicted payday lender and racecar driver Scott Tucker on racketeering charges stemming from a "crackdown on lenders who prey on poor people by charging interest rates that sometimes exceeded 700 percent" as reported by Bloomberg: "the U.S. also seeks to seize at least $2 billion from Tucker, including a property in Aspen, Colorado, a Learjet, six Ferraris and four Porsches, claiming they were bought with proceeds of crime."
Meanwhile, in Philadelphia the racketeering trial is ongoing against Charles Hallinan who pioneered payday lending, and is accused of using "American Indian tribes to serve as fronts for his loan companies" in order to evade state laws against usurious rates as reported by The Inquirer: "his myriad businesses -- most based in Bala Cynwyd with names like Tele-Ca$h, Instant Cash USA, and Your Fast Payday -- made more than $688 million between 2008 and 2013 while charging customers interest rates approaching 800 percent."
Not all racketeers have a vowel at the end of their names.