Updated news on the Gambino, Genovese, Bonanno, Lucchese and Colombo Organized Crime Families of New York City.

Wednesday, February 13, 2013

Feds cant seize mob cops pension



The pension of a former NYPD detective who doubled as a Mafia hit man cannot be seized by the feds because it’s an accident-disability pension that’s legally exempt, officials said yesterday.
Brooklyn federal prosecutors wanted to attach the monthly NYPD retirement pension the city pays to Stephen Caracappa, 71, a former detective convicted of a range of mob-related convictions, including murder.
But the feds told a judge yesterday that they recently learned the former officer’s pension cannot be confiscated because of laws that prohibit the seizure of pensions for people on accident-disability retirement.
The feds hit Caracappa, who served as hit man for the Lucchese crime family, with a forfeiture order after his conviction, and he still owes more than $4.2 million, prosecutors say.
Caracappa currently receives more than $5,600 a month from the city.
Caracappa is serving a life term behind bars and is housed currently in a federal prison in central Florid
a.

http://www.nypost.com/p/news/local/mob_cop_pension_off_limits_to_feds_tEuiYlruweUQVzztYmZN4L?utm_medium=rss&utm_content=Local




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