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Pastimes : Whodunit? Two Stockbrokers Murdered in Jersey; No Clues

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To: Carolyn who wrote (515)11/2/1999 3:35:00 PM
From: John Lacelle   of 1156
 
Carolyn,

My guess would be that some 'Jersey mobsters were using
the brokers to pump n dump their paper. These things
happen all the time. In fact, from what I have seen the
Mafia is begining to abandon places like Las Vegas because
a penny stock brokerage can launder money better than
anything. Of course, the biggest scam these days is the
IMF. I like the way Russian gangsters loot the billions
from the IMF and within a week or two the money is being
laundered back through the Bank of New York. The scams
only get bigger and better.

-John
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