Thursday, December 18, 2008

Flashback:FBI memos say people linked to Emerald investors had Chicago Mob ties

With Eric Holder's past coming into question because of his ties to Blago and the Rosemont Casino license situation,it's time to look at an old AP story from June 1, 2005:
Two FBI memos that the Illinois Gaming Board has relied on to argue that Emerald Casino's gambling license should be revoked contain allegations that two people associated with Emerald investors also have ties to organized crime, according to testimony Wednesday.

The FBI memos from November 2000, which were commissioned by the Gaming Board, said Nick Boscarino and Vito Salamone have ties to La Cosa Nostra (LCN), an organized crime group. The Sherri Boscarino Trust and Salamone's brother, Joseph, were investors in Emerald.

Parts of the FBI report were made public during a hearing Wednesday to revoke the bankrupt Emerald's gambling license. The Gaming Board has been trying to revoke the license since January 2001-- two months after the board got the FBI reports-- over concerns that top company officials lied to regulators and some investors allegedly had ties to organized crime. Attorney General Lisa Madigan also has said there were possible mob ties in Rosemont, where Emerald planned to build a casino.
You'll want to read how Tony Rezko's name come up.