The feds have indicted 15 more individuals for their alleged roles in a mobbed-up telemarketing scheme as reported by Jon Burstein for the Sun Sentinel.
The defendants allegedly bilked timeshare owners across the nation out of $5 million by "claiming to have buyers for their unwanted vacation rentals" but "federal authorities have been unable to find a single instance in which [they] actually lined up the purchase of a timeshare."
Among those charged is Pasquale "Posh" Pappalardo who "would boast about having ties with organized crime and twice had meetings with a representative of the Gambino organized crime family to discuss timeshare resale operations" according to federal prosecutors.
The telemarketing company operated out of an "unmarked Fort Lauderdale storefront sandwiched between a men's bath house and a dry cleaner," and "bank records show that among the people who received payments from the company was Roberto Settineri, a Miami Beach wine merchant who the U.S. Attorney's Office said has acted as an intermediary between a Sicilian Mafia crime family and the Gambino crime family in New York" as previously reported by Jon Burstein for the Sun Sentinel.
Settineri was sentenced in November 2010 to four years in prison after pleading guilty to conspiracy to commit money laundering in an unrelated matter involving convicted Ponzi schemer Scott Rothstein.
Further reading that may be of interest:A Call For U.S. Treasury Department To Designate Gambino Crime Family As A Transnational Criminal Organization Under Executive Order 13581