Two Accused of Siphoning Funds

A man federal prosecutors identified as the ex-acting boss of the Genovese crime family is accused of a money-laundering conspiracy: Liborio S. “Barney” Bellomo was indicted in U.S. Dist. Court in Brooklyn on July 12. The charges reportedly stem from efforts by Bellomo and Thomas Cafaro, an alleged Genovese crime family associate, to launder money they siphoned from the Int’l Longshoremen’s Ass’n benefit funds in 1996-97. Cafaro was also charged. The charges were added to an April indictment, which was among several that charged more than two dozen crime family figures with racketeering and other crimes. While Cafaro was charged in the earlier indictment, Bellomo was not.

In 1997, Bellomo was sentenced to 10 years in prison for an extortion conspiracy. He had pled guilty to conspiring to extort $200,000 in 1989-91 from a garbage hauling firm. He also admitted conspiring to extort from bosses of the Mason Tenders Dist. Council of Greater N.Y. Local 46, which is unit of the Laborers’ Int’l Union of N. Am. Murder and racketeering charges against him were dropped in a plea deal. [N.Y. Times 7/14/01]

QUOTABLE QUOTE
“It would probably come as a shock to most dyed-in-the-wool New Mexico Democrats that their beloved party isn’t really theirs. More accurately, it’s a division of the AFL-CIO.”

– Editorial, Albuquerque Journal, July 24, 2001, on a AP article analyzing FEC documents (some released during the brief period AFL-CIO/DNC records were public) revealing “a political structure that gave the AFL-CIO literal veto power over the DNC’s campaign decisions.”