crime

Feds Raid Manhattan ‘Boiler Room’

The Feds today raided two offices in the garment district and arrested a total of thirteen people, including Anthony Guarino of the Bonnano crime family, for operating a pump-and-dump scam that preyed on the elderly. Sources tell the Daily News the suspects “had connections to both Italian and Russian organized crime.” [NYDN]

Feds Raid Manhattan ‘Boiler Room’