Charles Lightbody, pictured right here, too as two other people are accused of conspiring to hide Lightbody’s ownership stake in land that was sold to Wynn Everett for the Everett, Massachuetts casino.
Three of the initial owners of the land now destined to be the Wynn Everett casino in Everett, Massachusetts have been indicted by state and authorities that are federal. They allege that the men defrauded Wynn Resorts and lied to state regulators by hiding the identity of their partners. The indictment shouldn’t have an impact on Wynn’s winning bid to build the $1.6 billion resort.
Lightbody Ownership Stake Concealed
According towards the federal indictment, three owners of this land went of these method to cover the fact up that Charles Lightbody, an understood Mafia associate and a convicted felon, ended up being among the lovers whom owned the land. They certainly were said to have feared (and perhaps rightly so) that the Wynn bid for the Greater that is only Boston-area license could possibly be discounted if Lightbody was known to be a part of the land purchase.
The three defendants each face federal fraud charges that could secure these with up to 20 years of jail time. State fraud charges could carry another five also years in jail for each man. Lightbody has been held without bail until a hearing next week, as the other two landowners, Anthony Gattineri and Dustin DeNunzio, were released after their very firs (more…)