Captain Vic Meets The Mob





scan0030In 1994 I was at Vic’s home, when he got a serious call. He told me these guys from back East had flown into town and were coming over to have a private chit-chat with the Cap.

After letting two thugs in the door, they went to the Caps home office that Vic closed the doors to after asking me to leave. This was un-heard of, those doors never shut.

Forty minutes later, they left. Vic looked very worried, and said this;

“Those guys scare me. They were packing guns. Let me show you where I keep mine.”

My father took me to a hall linen closet and opened it. I beheld a pump twelve gage shotgun. He told me he keeps a nine milometer under his pillow. I studied this man who gave me life. I knew he wanted a loyal son to watch his back, and be his criminal business partner. But, that wasn’t me. I actually felt sorry for the Big Guy, because he looked, puny, overwhelmed. He told me these guys back East want in on his Default Loan thing. They liked the cut of Captain Vic’s jib, who he worked at home, keeping under the radar. He bragged he ran a family operation. But, he was not a member their family, and, Vic knew he was in their way, and, he now knew too much. Who would care? Vic had no Heir, no Kinsman Redeemer who would take an eye for an eye, end the life of the dude who murdered your kindred.

Vic had chosen to go small. His two High School chums worked atop the Transmaerican pyramid, and asked Vic to come aboard. His old gang would be dismissed for running a huge scam as executives for Transamerica Title. The Mob back East had to hear about these rank amateurs raking in millions by breaking the law. There was gold in them-there hills. They wanted Captain victim to show them where it is at. He had no choice. They made him an offer he could not refuse. One young dude had the aura of a killer. That was his job, his calling card, that they put down on my father’s desk.

Above is a photo of the edition Vic built on his home in Lafayette. He built this for Connie, who he married after after he smuggled her across the Mexican border. Connie had ten children. Vic jammed the big trailer he bought in the backyard so the repo guys could not get it out. Vic was going to put Connie’s older Hispanic children in there. Captain Victim was smuggling in a brand new family to replace all the disloyal members of his original family. By God, those Mex have no qualms about packing a piece!

Vic knew two brothers that were in and out of San Quintin. They founded the Mexican Mafia there. Vic and Art would get drunk and renewed their family loyalty pledge. This post is going to put Mark Presco in a rage! That is, if he is still alive. Vicki told me he has disappeared for good.

That’s a photo of Larry Chazen the Benton’s business partner and Vic’s private lender that Andrew of Cuomo of HUD accused of being a Loan Shark. White-haired Chazen is a CEO of Noble Oil, and advisor for the Getty Family whom he is also a partner. He is at the reopening of the Rosamond Gallery in Carmel where my daughter and her mother walked into – cold off the streets. I was yet to be told I had a daughter, who I begged to be loyal to me. But, when I named Larry as my No.1 Enemy, Heather’s mother and aunt shouted as one;

“No fucking way. That man’s a millionaire. And your father is a LOSER! Get next to Larry – and work him good!”

Jon Presco

Mob-tied contractor admits cheating HUD, IRS, former boss
A former contractor tied to organized-crime underboss Martin Taccetta admitted in federal court today that he swindled HUD out of funds through one of the oldest mob scams in the book — creating no-show jobs – after stealing from a former employer, for a total take of more than $600,000 that he didn’t report to the IRS.
The timing of Eric Logiudice’s plea is interesting, given that “Marty” Taccetta is the only one of nearly two dozen defendants who hasn’t taken a government deal in connection with a rackets takedown three years ago.

That sweep included Logiudice, who is on probation for carrying a firearm with its serial number defaced.

Taccetta, a 59-year-old Lucchese family underboss, is already serving a state prison sentence of life plus 10 years. A year ago, the state Supreme Court reinstated Taccetta’s life sentence in connection with a golf-club beating death of a South Jersey businessman. His brother, Michael, who once ran the Lucchese’s New Jersey operation, is believed to be the crime boss David Chase modeled Tony Soprano on.

The crew taken down by federal and Union County investigators also included Andrew Merola, a high-ranking Gambino crime family member who admitted running the operation, and Ralph Cicalese, a union steward and former investigator with the Essex County Prosecutor’s Office.

Convicted crew members trafficked in offshore illegal gambling , racketeering, credit card fraud and a widespread scam from stores such as Lowe’s, Best Buy and Home Depot in which they tagged power tools, TVs and other expensive merchandise with bar-code numbers copied from cheaper goods, paid the reduced price, then returned the items for full-cost refunds.

They even shook down lunch trucks that served workers building the Prudential Center in Newark and raked in money for no-show jobs.

Federal prosecutors’ witness list in the Taccetta trial curiously includes someone identified as an enforcer now in the witness-protection program.

Logiudice, 41, admitted that his $607,161 in unreported income at least $150,000 stolen and embezzled from his former employer, NJS Metropolitan Architectural Woodworking Inc., in Union.

While working at NJS, Logiudice “became aware that an individual was submitting an application to the City of Orange Township Department of Planning and Development to receive Essex County HUD’s Community Economic Revitalization Program funds for a renovation project on Lincoln Avenue,” a spokesperson for the U.S. Attorney’s  Office in Newark wrote.

After becoming the project’s general contractor, Logiudice “caused NJS employee to create fraudulent, certified weekly payroll reports for five employees who never worked on the project and then submitted them to City of Orange officials, obtaining $52,872.50 in community redevelopment funds from HUD,” an official release says.

Logiudice is looking at serious federal prison time, particularly given the probation violation. He also agreed to pay the IRS nearly $200,000 in restitution; $52,872 to HUD; and “at least” $150,000 to NJS.

U.S. District Judge Joel A. Pisano set sentencing for Oct. 17 in Trenton.

U.S. Attorney Paul J. Fishman lauded a multi-agency effort in bringing the charges: the FBI, IRS, Labor Department and HUD Office of Inspector General for the mid-Atlantic region; and David E. Malagold, Acting Chief of the of the U.S. Attorney’s Office Organized Crime/Gangs Unit in Newark, with securing the plea.

The Transamerica Corporation is a private holding company for various life insurance companies and investment firms doing business primarily in the United States. It was acquired by the Dutch company Aegon in 1999.

Transamerica began as a holding company controlled by A. P. Giannini, then head of Bank of America and founder of its predecessor, the Bank of Italy in San Francisco.[1] As part of his vision of providing financial services to the general public, Giannini acquired Occidental Life Insurance Company through Transamerica Corporation in 1930. Occidental had first opened its doors to customers in 1906, and became prominent in the life insurance business on the West Coast.
In 1930, Transamerica and the Theodore Gary & Company, together with British investors, invested in Associated Telephone Utilities, reshaping it into the General Telephone and Electric Corporation to compete against ITT.[2]
Transamerica, which also owned the Occidental Life Insurance Company (renamed Transamerica Occidental Life Insurance Company in the early 1980s), intended to create a nationwide bank. However, in 1956, because of the passage of the Bank Holding Company Act, Transamerica Corporation divested itself of its banking concerns, which were spun off as Firstamerica Corporation. This left Transamerica with life insurance and property and casualty insurance operations.

The Transamerica Pyramid in San Francisco
Over the next 20 years, Transamerica gradually became a diversified conglomerate which included United Artists (a major motion picture studio and record company), Transamerica Airlines, Budget Rent A Car, and a manufacturer of machinery.[1]
In 1972, construction of the Transamerica Pyramid skyscraper in San Francisco was completed. The company’s headquarters was located in the building for many years, although today it retains only a small presence in the building. Nevertheless, the company’s logo still depicts the iconic building and the firm continues the pyramid logo on its marketing materials.
Transamerica’s longtime ambition of becoming a fully diversified global conglomerate (like General Electric) ended with the box office bomb of Heaven’s Gate in 1980. Although the company was still financially sound on paper, the negative publicity from Heaven’s Gate badly shook the confidence of Transamerica management; it caused them to sell off United Artists and withdraw from the entertainment industry altogether. During the 1980s, Transamerica sold all operations that were not related to its core business of insurance and other financial services.[1]
In the early 1990s, the company briefly entered the UK market[citation needed].
In July 1999, with Frank C. Herringer as CEO, Transamerica Corporation was acquired by Aegon,[1] an insurance company based in the Netherlands. Transamerica Finance Corporation, responsible for commercial lending, was subsequently sold to GE Commercial Finance in 2003.
During the period 2003-2006 Transamerica Capital invested in several musical productions[3] including two that played on Broadway (Hot Feet and Brooklyn: The Musical)[4] but subsequently discontinued this venture.

About Royal Rosamond Press

I am an artist, a writer, and a theologian.
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