NJ Judge Trims Attys' Charges In Lucchese Racketeering Case

Law360, New York (April 23, 2014, 4:58 PM EDT) -- A New Jersey federal judge on Wednesday declined to toss racketeering charges against a pair of reputed Lucchese crime family associates accused of draining $12 million from a mortgage lender and forcing its bankruptcy but dismissed counts against two attorneys and another defendant.

In a brief order, U.S. District Judge Robert B. Kugler declined to dismiss any of a host of charges, including racketeering conspiracy, securities fraud, wire fraud, mail fraud, bank fraud, extortion and money laundering, against Nicodemo Scarfo and Salvatore Pelullo.

Judge Kugler did,...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.