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Active Threads | Active Posts | Unanswered Today | Since Yesterday | This Week
Organized Crime - Real Life
47 minutes ago
https://www.amlintelligence.com/202...sh-is-laundered-through-europe-per-year/

NEWS: $750 billion in dirty cash is laundered through Europe per year – report

AN estimated $750 billion in illicit funds flowed through the financial system in Europe in 2023, according to a new study.

The finding comes from a report by Nasdaq Verafin, a Canada-based company which provides fincrime technology such as fraud detection software. It said the dirty cash is equivalent to 2.3% of Europe’s GDP.

The report also found that, globally, $3.1 trillion was laundered in 2023. It said this meant that, “Europe represents nearly a quarter of the total flow of illicit funds globally”. This is despite the fact that Europe has under 10% of the global population.

The study classed ‘Europe’ as the European Union (EU), the United Kingdom (UK) and Norway.

Europe money laundering and fincrime activity
Nasdaq Verafin said its ‘Financial Crime Insights: Europe’ calculated the $750 billion figure by estimating a variety of financial crime. These included:

$178.0 billion in drug trafficking activity
$82.2 billion in human trafficking activity
$2.7 billion in terrorist financing activity
$487.2 billion in ‘other’ illicit activity, including “organized crime, fraud, corruption”.
“Criminals are not bound by banks, borders, or regulations,” said Stephanie Champion, Executive Vice President and Head of Nasdaq Verafin. “By aligning on shared goals, we can strengthen economies and safeguard the financial system from harm.”

She added that the report “highlights the need for unified action to address both domestic and cross-border risks.”

The report said the figures show the scale that money laundering undermines economic stability in Europe. Illicit activities such as human trafficking, fraud, elder exploitation, and terrorist financing have far-reaching societal and financial impacts. It also identifies key priorities for financial crime prevention, including increased collaboration, cross-sector partnerships, and the adoption of advanced technology.

Nasdaq Verafin produces AI-driven tools to help banks detect fraud, automate compliance, and improve anti-money laundering (AML) efforts.

The company produced the report in collaboration with Celent Research and Oliver Wyman.
1,122 193,407 Read More
Organized Crime - Real Life
50 minutes ago
https://www.thespec.com/news/world/...8ca5ccf-0e38-5667-ada6-ac111287b605.html

US sanctions Sinaloa Cartel associates for alleged money laundering
1,122 193,407 Read More
Organized Crime - Real Life
56 minutes ago
https://www.foxnews.com/politics/te...n-cartels-asks-trump-admin-secure-defend

Texas claims border islands used by Mexican cartels, asks Trump admin to secure and defend
Texas has made securing border islands used by Mexican drug cartels a key part of its effort to combat crime and illegal immigration
2,992 702,699 Read More
Organized Crime - Real Life
1 hour ago
https://www.montrealgazette.com/news/provincial-news/article657339.html

One of the Hells Angels who took part in the notorious slaughter of five of the biker gang’s members in the Eastern Townships nearly four decades ago spent a few months behind bars following his arrest after he was badly injured in a collision last October. In a decision made on Friday, the Parole Board of Canada reinstated Jacques Pelletier’s full parole. The 69-year-old former Hells Angel is serving the life sentence he received in 1986 for his role in the first-degree murders of fellow gang members in Lennoxville, carried out inside what was then a bunker used by the gang’s Sherbrooke chapter. The slaughter, which came to be known as the Lennoxville Purge, revealed to Quebec the level of violence the gang was capable of. The ambush was planned by leaders of the Hells Angels based in Quebec who felt the gang’s Laval chapter had become undisciplined when it came to drug trafficking and that this caused problems with other criminal organizations, including the West End Gang, who supplied them with drugs like cocaine. On March 24, 1985, five Laval members were shot to death after they were summoned to a Hells Angels clubhouse in Lennoxville, just outside Sherbrooke. Several Hells Angels were present that day and played a role in the slaughter, but only four — including Pelletier — were convicted of first-degree murder and received life sentences. Pelletier was granted full parole in 2013, but the release was suspended five times since for different reasons. For example, in October 2017 he was returned to a penitentiary after police noticed his motorcycle parked outside a strip bar frequented by known criminals. Most recently, his parole was suspended following a collision on Oct. 4. During Pelletier’s hearing on Friday, the parole board members who heard his case were presented with different versions of what actually occurred, including Pelletier’s, and determined they did not have enough information to keep him inside the federal penitentiary where he spent the past three months. According to a written summary of the decision made last week, Pelletier’s parole was suspended following a collision with another vehicle on Oct. 4 and after he refused to submit to a breathalyzer test. “New criminal charges for impaired driving and refusal (to submit to a test) are expected to be filed against you (soon). At the start of the hearing, your parole officer indicated that the file was submitted to a prosecutor on Nov. 14, 2024. However, your lawyer specified that he had taken several steps since that date and that the file was still not submitted,” the parole board wrote. “During your post-suspension interview, you mentioned that you had three beers at home and ate around 4 p.m. You then took to the road alone on a motorcycle, not believing that you had exceeded the permitted alcohol limit considering your weight.” Pelletier also told the parole board that he was cut off by a car that caused the collision and that he refused to do the breathalyzer test because he felt nauseous. He also said he agreed to have a sample of his blood tested and that it indicated he was under the legal blood/alcohol limit. Pelletier ended up staying in a hospital for three days following the collision. “The police version differs from your version of the facts. Indeed, it is reported that you were involved in an accident where the driver of the other vehicle was intoxicated. Upon their arrival on the scene of the accident, the police had sufficient reason to believe that you were intoxicated,” the parole board wrote while noting the police allege Pelletier did not agree to have a sample of his blood tested. The board determined that, based on the different versions of what happened in October, “it does not have any reliable and convincing information that your behaviour on Oct. 4, 2024 violated any of your special conditions nor that you have committed an offence or adopted behaviour related to your cycle of delinquency.” As part of the conditions imposed on his new release, Pelletier is not allowed to be in an establishment where the main source of revenue is alcohol and he is not allowed to associate with people who he knows or suspects are involved in criminal activity.
894 224,849 Read More
Organized Crime - Real Life
1 hour ago
https://www.journaldemontreal.com/2...et-laurait-mene-a-importer-7-kg-dheroine

A trip to South Africa won on the internet allegedly led a septuagenarian from Chapais to import 7 kg of heroin
He was arrested at Montreal-Trudeau Airport in possession of a suitcase full of narcotics that did not belong to him.
1,741 301,109 Read More
Organized Crime - Real Life
1 hour ago
https://www.lapresse.ca/actualites/...xe-sur-la-contrebande-au-penitencier.php

Soon to be released from office Hells Angels Claude Gauthier allegedly imposed a tax on contraband at the penitentiary
894 224,849 Read More
Organized Crime - Real Life
1 hour ago
New York - Nicky Louie, Peter Chin, et al.
2,400 1,574,484 Read More
Organized Crime - Real Life
1 hour ago
Are we 100% sure that Joe Gallo was made ?

I've never seen much stuff about his induction and made or not, he had enough power to run his crew so I always thought it didn't really matter.
3 95 Read More
Organized Crime - Real Life
2 hours ago
The guy RJ seems like a really nice guy. I also think the kid snuff seems like a nice kid as well.
12 721 Read More
Movies & Television
2 hours ago
THE BANK JOB (2008)

Martine Love (Saffron Burrows), former model and sometimes drug dealer, brings to her one-time lover Terry Leather (Jason Stratham), a plan to rob the safe deposit vault of a bank whose alarm system is off line for repairs. She doesn't tell him that she's being blackmailed by MI5 (o r6?) to retrieve compromising photos of Princess Margaret from one of the boxes. Terry puts together several amateur, low-level villains to tunnel into the vault. They score millions in cash and jewels--and critical stuff belonging to a pornography titan with police on his payroll, a bordello owner with politico clients and a black militant drug dealer---all of whom will stop at nothing to retrieve their valuables. Lots of moving parts, but director Roger Donaldson keeps them humming in synch, so you never lose track of the connections. The heist is absorbing. This film is based on a real life British heist. Very entertaining.
2,881 877,878 Read More
Movies & Television
3 hours ago
True Confessions, Atlantic City, Raging Bull, Blade Runner.
28 4,087 Read More
Organized Crime - Real Life
4 hours ago
You may also enjoy reading...

The Legendary “Profaci-Gallo War” of 1961-1963
https://thenewyorkmafia.com/gallo-profaci-war/
3 95 Read More
Organized Crime - Real Life
4 hours ago
All I know is that its fucking great that Gene Gotti is now taking the family back where it belongs. Under his leadership.

John is smiling down from Heaven.
2 289 Read More
Organized Crime - Real Life
4 hours ago
132 members. 55 mugshot gallery...
3 95 Read More
BB Word Games
4 hours ago
A: Ginger to Ace about tying Amy up to bed so she could go out and drink (she wasn't though, she woke up)

Q: and why mess up a good thing? And that's that.
4,501 2,373,494 Read More
BB Word Games
4 hours ago
Of this Lenten
3,857 1,062,187 Read More
BB Word Games
4 hours ago
throught the rest
3,857 1,062,187 Read More
BB Word Games
4 hours ago
must really try
3,857 1,062,187 Read More
Organized Crime - Real Life
5 hours ago
Au pénitencier pour avoir commandité une fusillade visant le commerce d’un mafieux
https://www.journaldemontreal.com/2...ne-fusillade-sur-le-commerce-dun-mafieux
4,982 2,195,589 Read More
Organized Crime - Real Life
6 hours ago
Originally Posted by Lenox
I think the word mafia is used much too loosely. More importantly, this shows how ignorant Germany is at border policy. Almost as bad as we are.



You are right, they call any gang a Mafia gang, or Mafia type gang. It's been done a long time. I look at an other of the European crime stories like this, and the common denominator is Arab groups.
15 1,948 Read More
Organized Crime - Real Life
6 hours ago
Is that from that idiot Scott Bernstein?
2 289 Read More
Organized Crime - Real Life
6 hours ago
It seems that the place is doing great, which means haters will ge mad, and the FBI will go after him for anything they can pin on him,
12 721 Read More
Organized Crime - Real Life
6 hours ago
https://www.journaldemontreal.com/2...rgaisons-de-drogues-avec-la-mafia-a-rome

Dave "Pic" Turmel allegedly handled "large drug shipments" with the mafia in Rome
This was reported by several Italian media outlets on Sunday.
31 4,970 Read More
Organized Crime - Real Life
6 hours ago
A review form The CIitybuzz podcast out of Philly:

https://www.youtube.com/watch?v=zORg5hrXrqM
12 721 Read More
Organized Crime - Real Life
6 hours ago
https://www.lacnews24.it/cronaca/bo...i-narcos-legati-alla-ndrangheta-r02hz2pf

Canadian Mafia Boss Arrested in Italy: He Was in Rome to Negotiate with Narcos Linked to the 'Ndrangheta
31 4,970 Read More
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