Charles Lightbody, pictured right here, too as two others are accused of conspiring to 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 authorities that are federal. They allege that the men defrauded Wynn Resorts and lied to state regulators by hiding the identity of their partners. The indictment shouldn’t have an effect on Wynn’s winning bid to construct the $1.6 billion resort.
Lightbody Ownership Stake Hidden
According to your federal indictment, three owners associated with the land sought out of their method to cover up the fact that Charles Lightbody, a known Mafia associate and a convicted felon, ended up being among the partners who owned the land. These people were said to have feared (and perhaps rightly so) that the Wynn bid for the only Greater Boston-area casino license could be discounted if Lightbody had been recognized to become a part of the land sale.
The three defendants each face federal fraud costs that could secure them with up to 20 years of jail time. State fraud charges could carry another five also years in jail 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 the […]