"New Jersey charges 11 with mob loansharking scheme" Associated Press October 22, 2014
NEWARK — Members and associates of one of New York’s legendary crime families used check cashing businesses and a Newark restaurant to run a racketeering enterprise that reaped millions of dollars through loansharking and money laundering, New Jersey officials said Tuesday as they announced charges against 11 people.
You know, like a Wall Street bank.
One of those arrested was reputed Genovese family capo Charles Tuzzo, 80, of Bayside, N.Y., who was charged with racketeering, money laundering, conspiracy, loansharking, and promoting gambling. Also arrested was reputed Genovese soldier Vito Alberti, 55, of New Providence, N.J., whom authorities charged with the same crimes as Tuzzo, as well as one tax-related count.
Tuzzo, Alberti, and five others were being held on $400,000 bail each and were scheduled for an initial court appearance later Tuesday in Morris County. Three people were charged by summonses and one, Vincent Coppola of Union, was being sought.
Coppola is the son of jailed Genovese capo Michael Coppola, acting state Attorney General John Hoffman said Tuesday.
The money laundering and loansharking ran through check cashing businesses owned by Domenick Pucillo of Florham Park, Hoffman said.
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Related: Globe Gets After Organized Crime
They left the roaches alone.
