Mobsters prey on desperate consumers looking for cash, credit
(NEWSER) - In Italy, one man’s recession is a mobster’s paradise, the AP reports. Organized crime syndicates are taking full advantage of the economic slowdown, gobbling up businesses and flaunting an asset in short supply these days: liquidity. Money is no object to the syndicates, who scored $167 billion in profits last year through extortion rackets, drug trafficking, and sales of designer knock-offs. More»
