UNDERWORLD: How To Survive And Thrive In The American Mafia by Roman Martín

Author:Roman Martín [Martín, Roman]
Language: eng
Format: epub
Publisher: WildBlue Press
Published: 2019-10-01T04:00:00+00:00

Bust Outs

As I indicated earlier, I am not a big fan of the bust out. Why squeeze out pennies on the dollar from your debtor when you can become his business partner, and have both a permanent and legitimate income stream? This will help you with both the IRS and your P.O.

Jon Roberts observed his gangster-father’s own short-sightedness in this regard. One time, his dad loaned money to the owner of a successful hardware store in New Jersey. When the man failed to repay, his father took it over. But instead of continuing to operate the business, he sold off all the merchandise at a steep discount. He did the same with the store itself, then burned it down for the insurance money before he transferred title to the new, unsuspecting owner.

This perplexed young Jon, who saw his friends’ business-owning fathers living in large houses in good neighborhoods. He could not fathom why his own dad couldn’t simply continue running the business as the previous owner had.

Fuckin’ A! For all you schmucks out there, imagine how your depressing hand-to-mouth lifestyle would be concurrently improved if you had a dozen of these involuntary partnerships. As a loanshark, Nino Gaggi, for example, had secret ownerships in many lucrative businesses, including a restaurant and a pornographic VHS counterfeit-production and distribution company. Nino was rich, bitch, and so should you be. Nothing’s too good for my peeps.

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