CNBC-TV18 presents a Special on American Greed's 'Mob Money'

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Announcement Corporate
Last Updated : Jan 21 2013 | 3:38 AM IST

The real life mafia DeCavalcante family that inspired "The Sopranos”.
Saturday 7 pm and Sunday 2 pm & 6:30 pm

CNBC-TV18, India’s No. 1 Business medium will air a special show on American Greed’s Mob Money on Saturday 7 pm and Sunday 2 pm & 6:30 pm. The documentary narrated by actor Stacy Keach will reveal the inner workings of the mob through the eyes of New Jersey’s DeCavalcante family. The real life mafia family that inspired "The Sopranos”.

From loan-sharking and labor racketeering, the DeCavalcante family did it all. It was an organized crime laundry list that also included illegal gambling, murder-for-hire schemes and Wall Street scams. They were once seen as second-class mobsters living in the shadows of the bigger New York City families. But that changed in the late 1990’s when the feds busted all five New York families for racketeering. Discover how the family matures, becomes success and eventually bows to its weakness and crumbles to its knees.

The mafia. The mob. La Cosa Nostra. Whatever you call it, America's national crime syndicate is powerful, entrenched and almost impossible to nullify. Federal and local law enforcement have tried to stamp out organized crime for almost as many years as it has existed. The sheer size and scope of organized crime makes that nearly impossible.

The way the mob does business isn’t all that different than any other big corporation. There’s a corporate structure with investments and returns. Mob bosses take their business as serious as any CEO with one major exception - the way organized crime deals with the competition--making them some of the most violent criminals around. Nothing and no one stands in their way

Organized crime activities bring in a worldwide annual income of between $50 billion and $90 billion according to a 2002 FBI study — more money than any major legitimate national industry. From loan-sharking and labor racketeering to illegal gambling and murder for hire to its recent invasion into Wall Street — it’s all part of the life-and-death business of organized crime.

About CNBC-TV18:
CNBC-TV18 is India's No.1 business medium and the undisputed leader in business news. CNBC-TV18 has been an integral part of the Indian economic story, spearheading and mirroring these enterprising times. The channel's benchmark coverage extends from corporate news, financial markets coverage, expert perspective on investing and management to industry verticals and beyond. CNBC-TV18 has been constantly innovating with new genres of programming that helps make business more relevant to different constituencies across India. India’s most able business audience consumes CNBC-TV18 for their information & investing needs. This audience is highly diversified at one level comprising of key groups such as business leaders, professionals, retail investors, brokers and traders, intermediaries, self employed professionals, High Net Worth individuals, students and even homemakers but shares a distinct commonality in terms of their spirit of enterprise.CNBC-TV18 is currently available in over 30 million households in India.

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First Published: Jul 02 2010 | 7:45 PM IST

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