Son of former Philadelphia mob boss convicted in strong-arm takeover, looting of company

  • by: KATHY MATHESON , Associated Press
  • Updated: July 3, 2014 - 4:25 PM

CAMDEN, N.J. — The son of a former Philadelphia mob boss and another reputed mob associate were convicted Thursday of federal fraud charges for taking over a Texas-based mortgage company and then plundering its assets to buy homes, luxury cars, a plane and a yacht.

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