the republic logo

Philly mob 'CFO' pleads to racketeering, gambling; avoids retrial after jury deadlock

PHILADELPHIA — The self-described "CFO" of the Philadelphia mob has pleaded guilty to racketeering and illegal gambling rather than face a retrial.

Anthony "Ant" Staino had been convicted of two loan-sharking counts at a sweeping mob trial this year. But the jury acquitted him or deadlocked on most counts.

The jury also deadlocked on the central racketeering charge against reputed mob boss Joseph "Uncle Joe" Ligambi and his nephew, George Borgesi, who will be retried.

The 55-year-old Staino, of Swedesboro, New Jersey, entered his plea late Thursday.

The Philadelphia Inquirer reports that some terms remain in dispute, to be hashed out at his July 17 sentencing.

Prosecutors say the racketeering plea covers witness intimidation and other violent mob activities.

But defense lawyer Gregory Pagano insists his client did not use any violent means.

Think your friends should see this? Share it with them!


Story copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Feedback, Corrections and Other Requests: AP welcomes feedback and comments from readers. Send an email to info@ap.org and it will be forwarded to the appropriate editor or reporter.


We also have more stories about:
(click the phrases to see a list)

Category:

Subjects:

Places:

 

Follow Us

Content enhanced with OpenCalais.

 

All content copyright ©2013 The Republic, a division of Home News Enterprises unless otherwise noted.
All rights reserved. Privacy policy.