Get 40% Off
These stocks are up over 10% post earnings. Did you spot the buying opportunity? Our AI did.Read how

Italian, U.S. police make arrests as Mafia clan looks to regroup

Published 07/17/2019, 09:40 AM
© Reuters. Palermo Police Chief, Renato Cortese talks during a news conference after a coordinated crackdown with U.S. police against major crime families looking to rebuild their mafia powerbase in Palermo

By Wladimiro Pantaleone

PALERMO, Italy (Reuters) - Italian and U.S. police have launched a coordinated crackdown on a Sicilian Mafia family that was seeking to rebuild its power base after years of exile in the United States, Italian investigators said on Wednesday.

More than 200 police, including officers from the U.S. Federal Bureau of Investigation (FBI), arrested 18 people in Sicily as part of their investigation into the Inzerillo clan in the island's capital Palermo and the allied New York-based Gambino family.

A 19th suspect is being sought in the United States.

Sicily's organised crime group, known as 'Cosa Nostra' (Our Thing), has been in a state of flux since 2017, when its boss of bosses Salvatore "Toto" Riina died in prison, where he had spent almost a quarter of a century.

Riina launched a ferocious mafia war on the Mediterranean island in the 1980s, chasing the Inzerillo family out of their stronghold in the Palermo suburb of Passo di Rigano and into self-imposed U.S. exile.

The family has since looked to reclaim its old business, police said, helped by influential allies in New York.

"The investigation "has registered the strong bond established between Cosa Nostra Palermo and U.S. organised crime," particularly the Gambino clan, a police statement said.

There was no immediate comment from either the Gambino or Inzerillo families.

The Gambinos are one of the five historic Italian-American Mafia families in New York. Past charges against family operatives have included murder, loan sharking and illegal drug distribution.

The reported crime boss of the family, Francesco "Franky Boy" Cali, was gunned down in front of his Staten Island home in March - a killing that deeply alarmed the Inzerillo clan.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

FBI officers and Italian colleagues with international search warrants carried out raids on three properties in New Jersey, Staten Island and Philadelphia, police said.

Italian police said the suspects arrested on Wednesday faced a string of charges, including membership of the mafia, aggravated extortion, fraud and "unfair competition".

Amongst those detained was Salvatore Gambino, the mayor of a village near Palermo, and Tommaso and Francesco Inzerillo, close relatives of Salvatore Inzerillo who was killed by Riina in 1981.

Once all-powerful on Sicily, the Cosa Nostra has been squeezed over the past two decades, with many bosses jailed, businesses sequestered and locals increasingly ready to defy it.

Prosecutors have warned repeatedly that the group is looking to rebuild.

The state's fight against the Mafia got serious in 1992 after the group murdered two of Italy’s top magistrates, Giovanni Falcone and Paolo Borsellino, triggering national outrage and finally forcing complacent politicians to act.

Friday marks the 27th anniversary of Borsellino's death.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.