A Multimillion Dollar Lucchese Stock Fraud Scheme Led by Meyer Lansky's Son-In-Law
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By Robert Grey Reynolds, Jr
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Meyer Lansky's son-in-law Vincent Lombardo was at the center of a Lucchese family engineered stock swindle. In November 1970 sixteen men were indicted by a New York grand jury for this alleged crime. Aside from Lombardo a duped Miami resident, Gerald Devins, was at the center of the ruse. The mob influence Devins to buy up stock in the Fallon Smith Corporation. Later the Mafia changed the name of this company to Imperial Investment Corporation.