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Showing posts with the label Latin Kings and Four Corner Hustlers

Members of the Gangster Disciples, Black Disciples, Latin Kings and Four Corner Hustlers rated out Chicago auto dealers

Two former Chicago auto dealers were convicted of turning their businesses into money-laundering havens for drug-dealing street gangs. Amir Hosseini, 50, of Winnetka and Hossein Obaei, 54, of Northbrook, were immediately taken into custody by marshals after being convicted of dozens of counts of racketeering, money laundering, bank fraud, bribery and structuring deposits to evade federal scrutiny. The two men convicted of 98 criminal charges, may end up getting life terms.The drug dealers used cash to buy more than 800 luxury cars, including Mercedes Benz, Jaguar and BMW models, according to prosecutors. Fitzgerald said fake transactions would be created on paper to look as if the cars were bought for less than $10,000 so that required paperwork did not have to be completed. As part of the alleged fraud, prosecutors accuse the defendants of placing liens on cars they sold to drug dealers and gang members, falsely indicating the dealership held security interests in the cars so the defe...