Word: nargis
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...events leading to last week's charges began in 1976 when William Masselli, a soldier in the Genovese Mafia family, seized control of a small construction firm that held subcontracts on large Schiavone projects. The firm was owned by Louis Nargi, who had made the mistake of borrowing some $350,000 from Masselli and from one of the mobster's associates, Louis Cirillo, now in prison on a narcotics conviction. When Nargi failed to repay the money on time, Masselli, who had no construction experience, appropriated Nargi's equipment, hired his workers and muscled the owner aside...
According to the D.A.'s office, Masselli moved aggressively to take over the subcontracts from Nargi's old company. U.S. law requires that any contractor receiving a federal public works grant must award 10% of the business to minority-owned companies. Since some 80% of Schiavone's $186 million contract to extend a subway under the East River was federally financed, the Schiavone company needed to find a so-called MBE (Minority Business Enterprise) to do part of the work. Thus Masselli set up the Jo-Pel Contracting and Trucking Co. and claimed that at least...
...learned that the recordings establish a strong link between Donovan's company and Masselli, whom the FBI describes as "a self-admitted soldier" in the Genovese Mafia family. Although he had virtually no expertise in the construction business, Masselli nevertheless in 1976 muscled a longtime acquaintance, Louis Nargi, out of control of a company that was helping Schiavone excavate subway tunnels in Long Island City and Manhattan. The takeover was a typical Mob operation. Nargi had run into unexpectedly difficult excavation problems, which made his subcontracting work for Schiavone more expensive than he could handle. He made the mistake...
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