New Jersey Charges 11 Reputed Genovese Crime Family Members, Associates

CBS New York

NEWARK, N.J. (CBSNewYork/AP) — Eleven reputed members and associates of the Genovese crime family are facing charges in New Jersey.

Acting state Attorney General John Hoffman announced details of the arrests Tuesday during a news conference in Newark. Ten of the suspects are from New Jersey; the other is a New York City resident.

The attorney general’s office alleges the suspects reaped millions of dollars through loan sharking, sports gambling, unlicensed check-cashing and money laundering. They say the loan-sharking operation brought in more than $1 million in illegal interest each year.

[cbs-audio-player title=”New Jersey Charges 11 With Mob Loan-Sharking Scheme” artist=”WCBS” download=”false” image=”” url=”″ station_name=”Peter Haskell reports” station_logo=””]

“They preyed upon anybody, anybody who was willing to take a loan for them — and there were plenty people desperate enough to do so — anybody who’s looking to place a sports bet, anyone looking to evade certain currency transaction requirements,” Hoffman told 1010 WINS. “Any way…

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