CNBC touched on a dirty little rumor. “Hedge fund manager” Nicholas Cosmos once owed $139k to the Genovese crime family, an amount that was at least partially paid by members of the Gambino family.
This could mean he was seriously connected. Or just that he was in the construction business and an obsessive gambler. Take your pick. Says a friend of Dealbreaker “Yes, yes, you can see it in the eyes.”
Says CNBC in a Charles Gasparino exclusive:
A former Genovese family associate, Michael Durso, who is now in the federal witness protection program, and another associate met Cosmo in in the late 1990s, sometime around 1997, and it was at that time when they put pressure on Cosmo to pay around $139,000 owed to loan sharks connected with the Genovese family, according to people with knowledege of the matter.
At one point, members of the Gambino family intervened on Cosmo’s behalf and paid some of the debt, these people said.
Durso, these people say, has been in contact with the FBI about his alleged involvement with Cosmos. An attorney for Cosmo when informed about the alleged connections with New York crime families had no comment.
me thinks he will sleep with the fishes
I think what you meant to say was that Cosmos was mobbed up – who’s proofing copy up there?
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Yo Dom, the kid wants to know what we do.
I guess yoose could say we’re like regular business guys. Sorta like them contractors and shit … ya know, shopping malls, insurance, union negotions, land-fills and shit dat like.
That was me. Accidentally hitting the “publish button” before the article is done is the Dealbreaker editor equivalent of double comment posting.
This is true, he owed us for a hit a on a little kike from S. Brooklyn.
$139,000 in loan shark debt is not that much. Sounds like a single NFL weekend gone bad. This guy soiunds like a chump.
Uncle Ponzi.
he’ll probably be mauled by Lycans before this thing ever gets into discovery . . . after all, its Hauppauge . . .
of course he’s mobbed up. check his crd record, the guy was barred from the industry in the late 90s after working for a bucket shop on long island selling Webistics.
I fancy a cut of Horse Head tonight.
I fancy a cut of Horse Head tonight.
First of all utse guys have it all wrong. There’s no such thing as the mob. “The Mob” is a fictional story made up by Hollywood and entertainment journalists. Therefore, you can’t be “mobbed up.”
this guy was sitting at home smoking a j while watching boiler room. next thing you know, he and the boys are setting up shop. does anyone do their homework anymore before giving other people their money? how many funds of funds were giving this guy cash? seriously…
I love you JohnnyCakes.
Getting into debt with mob = meh.
Getting second mob family to pay off first = ballin.
Too Gaspa, didn’t RENO
-MoneygripWisdom
They interviewed the “cash business crowd”. Seems they saw a lot of parallels to the made off situation and began asking for their money back. They showed some guy screaming at him “I called the FBI”.
This is why you never trust da gindaloons wit yous moneys.
Anyone who invested with a firm named Agape run by a douche named Cosmos deserved to get smoked.
Maybe his ass was so far Agape after prison the Gambinos paid up on his debt so they could cornhole him at will.
It was amusing to see all the small-time tax-cheat wiseguys that got hosed by this prick. That Restivo creep was the best: “Show me da money!! Show me da money!!”
Next time put your shake-down take in a CD, you “citrull’”
BTW, Cosmo is a GREEK, not a paesan’