Agostino Accardo an alleged Bonanno crime family associate and his brother Michael Accardo have been indicted by the Manhattan DA as part of the recently busted building inspectors graft scheme. The Accardo brothers were allegedly running an illegal money transmission and check bundling business. The scheme worked by them collecting checks from customers and then cashing them at commercial check cashiers in New Jersey and New York withholding the commercial check cashing fee’s along with an additional fee they imposed before returning the cash to the customers.
“New York Graft Scheme Bust“
This illegal operation was discovered during the investigation into the building inspectors graft scheme where nearly fifty building inspectors and construction contractors some with other mob ties were charged. According to the charges builders were illegally bribing city employees to fast track certain projects over looking code violations. Mark Peters the DOI Commissioner said dozens of violations which were over looked could potentially endanger the safety of citizens.
Agostino Accardo was deported by the feds back to Italy after a conviction on extortionate extension of credit charges back in 2007. He was later allowed back to the United States when an appellate court reversed the DHS action that was previously administered. This sort of mafia news is not a shock when involving these types of scheme’s.