Authorities want former gangster to pay up
A former associate of James “Whitey” Bulger’s Winter Hill Gang is back home in Newton after nearly 17 years up the river — but the feds who shipped the convicted loanshark there haven’t forgotten one more debt Joseph “Mr. Y” Yerardi Jr. promised to pay society.
Yerardi, 58, was sprung from a federal slammer July 13, according to the Bureau of Prisons. He has had a $916,000 forfeiture order hanging over his head since 1995 that the ex-business partner of Bulger hit man John Martorano agreed to when he pleaded guilty to racketeering, money laundering, loansharking and illegal gambling charges.
Yerardi briefly tasted freedom following his initial 10-year stretch, before he was arrested two months later in 2005 and sentenced in 2009 to eight years more on new racketeering charges. During that time, “Yerardi has not made any payments towards the forfeiture judgment,” according to an order issued by U.S. District Court Judge Nathaniel M. Gorton this May, reminding Yerardi the bill is still due.
Gorton has authorized the Internal Revenue Service to seize Yerardi’s family bank accounts in Liechtenstein. Prosecutors for the U.S. Attorney’s Office in Boston learned from authorities of the European principality about the accounts — worth $840,000 — in 2010. Gorton noted that prosecutors have also identified an additional $659,335 in assets in portfolios in Ontario, Canada.
Neither Yerardi nor an attorney representing his wife and son’s interests in the money could be reached for comment yesterday.
http://www.bostonherald.com/news/bulger_case/view/20220801authorities_time_for_ex-winter_hill_gang_associate_to_pay_up/srvc=news&position=recent_bullet
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