Three Wynn that is original Everett Indicted for Fraud

Three Wynn that is original Everett Indicted for Fraud

Charles Lightbody, pictured here, also as two others are accused of conspiring to full cover up Lightbody’s ownership stake in land that was sold to Wynn Everett for an Everett, Massachuetts casino.

Three of the original 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 impact on Wynn’s winning bid to construct the $1.6 billion resort.

Lightbody Ownership Stake Concealed

According towards the federal indictment, three owners of the land sought out of these option to cover up the very fact that Charles Lightbody, an understood Mafia associate and a convicted felon, had been one of many lovers whom owned the land. They were said to have feared (and perhaps rightly so) that the Wynn bid for the Greater that is only Boston-area license might be discounted if Lightbody was known to be an integral part of the land sale.

The three defendants each face federal fraud costs that could land all of them with up to 20 years of jail time. State fraud charges could also carry another five years in prison for each man. Lightbody has been held without bail until a hearing next week, although the other two landowners, Anthony Gattineri and Dustin DeNunzio, were released after their first hearing Continue reading “Three Wynn that is original Everett Indicted for Fraud”