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