Each day's obituaries, delivered to your inbox. The lone blemish on his record, a felony conviction from 1978, did not disqualify him from getting a casino license under state gaming law because it was more than 15 years old. No people haveRead More, Example: Yes, I would like to receive emails from The American Spectator | USA News and Politics. Career At the age of 23, DeNaples started his business career by working as the director's assistant at The Export-Import Bank of Washington, D.C. The board’s chief enforcement counsel, Cyrus Pitre, would not comment on whether DeNaples’ background investigation will include a review of material developed by the district attorney’s office or interviews with people who appeared before the grand jury that recommended the perjury charges against DeNaples. Start a dialogue, stay on topic and be civil. Jul 13, 2010 Updated Apr 17, 2020. For example, the trusts can't make investments or loans to any business that DeNaples owns, has an interest in or controls. Your California Privacy Rights/Privacy Policy. An existing trust headed by DeNaples' daughter, Lisa DeNaples, D.M.D., will be expanded to include siblings Dr. Louis A. DeNaples Jr. and Donna Dileo as managing members making major personnel and spending decisions. Pennsylvania gambling regulators allow DeNaples to hand over - pennlive And his main competitor for a highly coveted slots license was an interloper from New Jersey. Low 41F. He has long enjoyed the patronage and protection of powerful gay prelates. Choose wisely! An email has been sent to with a link to confirm list signup. Caretaker seeks sale or auction of 'castle house' in Scranton. High 54F. Louis A. DeNaples is a businessperson who has been at the head of 8 different companies and presently occupies the position of Chairman for FNCB Bancorp, Inc., Chairman for FNCB Bank (Dunmore, Pennsylvania) (a subsidiary of FNCB Bancorp . Prosecutors also had state police surveillance photos of DeNaples attending D'Elia's daughter's wedding in. Rossi, as I have previously reported, was on the short list to become bishop of Scranton in 2009, a plan hatched by the gay mafia that was scuttled after reports of his misconduct emerged during the vetting process. His land holdings are vast. Small banks such as Dunmore-based FNCB dont typically make such large loans and arent equipped to evaluate repayment risks and other potential perils that come with issuing the large amounts of debt permitted by the federal program, analysts said. Rossi had one primary client, DeNaples, and it made him an unusually wealthy accountant., DeNaples, who is in his late 70s, is widely described as a billionaire, one of the 10 most wealthy people in Pennsylvania, says a long-time observer of DeNaples. His son, Louis A. DeNaples Jr., is also on the board as the banks vice chairman with a 1.3% stake, and is the beneficiary of one of the seven trusts that share ownership of the Mount Airy casino. It further alleges that around 2001, the brothers orchestrated a scheme to have the corporation pay them and Dougherty management fees, which were then loaned back to the corporation. You have permission to edit this article. This money was meant to help Main Street businesses, not casinos owned by families with alleged mafia connections, said Kyle Herrig, president of left-of-center watchdog group Accountable.US. In June, the former papal nuncio to the United States, Archbishop Carlo Maria Vigan, corroborated my year-long reporting on Rossi, saying that he too had received reports of Rossi preying upon Catholic University students. But his daughter Lisa gave some insight into the family patriarch. In response to fresh concerns about Louis DeNaples, owner of the Mount Airy Lodge, health, a Mount Airy official on Tuesday suggested creating a free review board of trustees to oversee gambling at the hotel, should it be successful in obtaining a club permit. As the son of DeNapless accountant, Rossi would be protected, he said. Lisa DeNaples, Louis' daughter, ultimately became the managing trustee and owner of the Mount Airy Casino Resort, which officially opened in October 2007. I wouldn't describe him. Your account has been registered, and you are now logged in. "From the very beginning, he has envisioned Mount Airy as a legacy for generations to come, and today's events are the natural next steps in the plan," she said. Family of former DeNaples business partner files lawsuit seeking repayment of loan. Louis grandfather owned a bar called DeNaples Tavern. Some critics of the Trump administrations response to the coronavirus, meanwhile, cast the loan as another case of rescue money being channeled away from those who need it most. That violates corporate law restricting profits from being unequally distributed to shareholders. DeNaples had to relinquish his own ownership to resolve charges that hed concealed his ties to organized crime. The other subpoena was reportedly issued to William Conaboy, whocurrently works as a healthcare attorney in Scranton. A screenshot of William Conaboy's page on the website of the Scranton-area healthcare company he now leads, Allied Services. Click here to place a classified ad. But while DeNaples has been able to put his Agnes woes behind him, he has been less successful at shaking persistent rumors about the mob. D'Elia told the grand jury DeNaples attended the funeral of D'Elia's mother in 1980. Louis DeNaples age, height, net worth 2023, wife, girlfriend, kids He looks at it as "what's the longevity of something.". Subscribers enjoy a distraction-free reading experience. Family ties bind bank behind $50M taxpayer-backed coronavirus loan to Mr DeNaples is a previous seat of the University of Scranton Board of Trustees. As of 2022, Louis DeNaples will be 79 years old. /* It also seeks to compel the brothers to buy out Doughertys share of the corporation. Maybe you know about Louis DeNaples very well But do you know how old and tall is he and what is his net worth in 2023? Chris Marinac, who analyzes banks as a research director with financial adviser Janney Montgomery Scott LLC, said it was extreme for a bank of FNCBs size to be making a $50 million loan, even if only $2.5 million of that was staying on its books. Louis DeNaples Wiki, Age, Bio, Height, Wife, Career, Net Worth It really is a disgrace that Sica is still at a parish in Scranton, says one priest. Louis A. DeNaples, who opened Mount Airy Casino Resort in October, was charged with four counts of perjury by the state police after a seven-month investigation by a Dauphin County grand jury. Later it came out that DeNaples had given Sica over $200,000 in loans. Mount Airy Casino Resort (YouTube screenshot), Hunter Biden Cashed In to Fuel His Drug and Sex Habits, Targeting People With Mental Illness and Dementia for Euthanasia. On May 21, 2014, Mr. Denaples won a seat on the board of directors for the corporation. Louis DeNaples is a Pennsylvania-based businessman and philanthropist. Now they're going glamping. DeNaples' supporters say he has long since redeemed himself for a 30-year-old mistake. Cash was received in the amount of $32,000, equity was acquired in the amount of $15,000, and pension and other types of reimbursement were not obtained in the amount of $0. Dunmore businessman Louis A. DeNaples attended the funeral of William D'Elia's mother and the wedding of his daughter despite Mr. DeNaples' denials he had a "social relationship" with the convicted Create a password that only you will remember. Examiners, who removed DeNapples high betting permit after charging him of lying about his organized wrongdoing ties during an assessment, are directly responsible for this decision. HARRISBURG - State gambling regulators yesterday agreed to allow Louis DeNaples to hand off his Pocono Mountains casino to his daughter as part of a deal with prosecutors who agreed to drop criminal charges against the wealthy businessman. "This particular license has been fraught with problems from the very beginning," said Rep. Doug Reichley, R-Lehigh, a slots critic. DeNaples no longer tied to northeastern Pa. casino - Yahoo News The Main Street loan is listed as a second lien, meaning that Fortress would have first dibs on casino assets should the resort be foreclosed on. All rights reserved. DeNaples, everyone agrees, is an immensely powerful and reclusive figure in Scranton and Pennsylvania. Partly cloudy skies this morning will give way to occasional showers during the afternoon. $32,000 changed into obtained as Total Cash, $15,000 changed into obtained as Equity and $zero changed into obtained as Pension and different types of reimbursement. He stands 1.7 meters tall and weighs 77 kilograms. When we were kids my father never separated girls and boys. Have the latest local news delivered every day so you don't miss out on updates. Casino owner indicted on perjury charges - ABC7 Chicago I think he likes the challenge of (the casino business). The seven-member Pennsylvania Gaming Control Board voted unanimously to allow Lisa DeNaples to take over Mount Airy Casino Resort as manager of a trust that is expected to expand to include more of his children. He stands 1.7 meters tall and weighs 77 kilograms. What a ludicrous lie, said a Scrantonian to me after I recounted the conversation. ", http://thetimes-tribune.com/news/court-denies-denaples-bid-to-stay-on-fncb-bank-board-1.1313265, "DeNaples banking ban vacated; court blasts regulators", "Louis DeNaples again ask court to let him plow snow and collect trash at his old casino", https://en.wikipedia.org/w/index.php?title=Louis_DeNaples&oldid=1145500765, This page was last edited on 19 March 2023, at 13:07. I talked to Bishop Bamberas spokesman, Eric Deabill, about DeNaples, and all I could get out of him was an agreement that DeNaples is a prominent Catholic in the diocese. This is the name that will be displayed next to your photo for comments, blog posts, and more. Submitting this form below will send a message to your email with a link to change your password. The family of a Dalton man who died in September filed a lawsuit against Louis and Dominick DeNaples, alleging the Dunmore businessmen misappropriated funds from a corporation that oversaw several businesses they operated with him. Some of the information connecting DeNaples to the Mafia is contained in old reports by the Pennsylvania Crime Commission. Louis A. DeNaples Jr. and Dileo will first have to obtain state casino licenses from the board to manage the trusts. The idea was to make banks less nervous about lending during what was expected to be a long period of tight credit. Lisa DeNaples, Louis' daughter, ultimately became the managing trustee and ownerof the Mount Airy Casino Resort, which officially opened in October 2007. According to the suit, Dougherty and the DeNaples brothers formed DeNaples Equipment in 1991. The rules also require banks to document that loans to insiders dont include preferential terms, or are especially risky. This page is not available in other languages. Scrantonians speak of DeNaples in hushed tones and treat him as a taboo subject. The auto parts business is beginning to dry up because of the way the cars are made now. Being born on 4 March 1943, Louis DeNaples is 80 years old as of todays date 1st May 2023. Informants later alleged that DeNaples paid "protection money" to D'Elia. The Public Advisory Board of the Geisinger Federal School of Medicine includes Mr. DeNaples. (Bufalino, incidentally, is one of the subjects of the upcoming movie The Irishman; Joe Pesci plays him.) - For the first time in his life, Louis DeNaples took a pair of dice in his fist, stepped up to a craps table, and threw a sidearm roll down . The corrupt National Shrine rector isnt protected by just the gay mafia. If you see a $50 million loan of your money going to an insider or a family member of an insider, it certainly raises some concerns, said Perry, who formerly tried cases for a federal financial regulatory agency. Sal Cognetti Jr., the former assistant U.S. attorney who prosecuted DeNaples, recently acted as a character witness on his slots application. Joseph L. DeNaples, a nephew of DeNaples, and Dominic L. DeNaples, a former president who recommends the company as a CEO emeritus, both serve on the board. Several witnesses told the grand jury that "everybody knew he was there for Louie DeNaples.". While there, he began his rise in the banking industry, which helped him become one of the most recognized banking names. Meanwhile, Rossis immediate superior Bishop Joseph Bambera of Scranton, Pennsylvania, where Rossi was ordained as a priest, gave Rossi a ludicrously wide berth, despite complaints from his priests and concerned Catholics upset by Rossis gay and opulent lifestyle. Invalid password or account does not exist. "You judge a man by his whole life, not something that happened 30 years ago and I think when you judge Mr. DeNaples by his whole life, he is an honorable person," Cognetti told the gaming board in October. DeNaples first came into the public eye last year as a result of his alleged involvement in Mount Airys failed attempt to launch a smaller-than-average club in Western Pennsylvania. DeNaples, whose sprawling Northeastern Pennsylvania commercial empire also includes auto salvage yards, heavy-equipment sales and towing services, moved to get into the casino business in 2005 by applying for one of the slot licenses that were newly being awarded in the state. The Mount Airy Lodge had become a so-called "honeymoon" resort in the 1950s, attracting a wide array of big-name performers like Tony Bennett and Bob Hope. Whatever the topic. Lewis, and the War Between Good and Evil. The family of a Dalton man who died in September filed a lawsuit against Louis and Dominick DeNaples, alleging the Dunmore businessmen misappropriated funds from a corporation that oversaw several He was fined $10,000 and was placed on probation for three years. HARRISBURG - A restructuring plan for Mount Airy Casino Resort that allows founder Louis A. DeNaples to shed his status as a state casino licensee and complete plans to transfer control of the casino to his children was approved Wednesday. In January 2008, DeNaples was prosecuted on four counts of offering bogus expressions regarding his connections to the Bufalino wrongdoing family in his application for a Pennsylvania betting permit. As I have reported previously, Rossi got drunk, hit a bunch of parked cars, kept going, fled into his rectory, and pretended to be asleep until the police arrived. As a generous political donor and philanthropist with strong ties to business and governmental leaders across the state, DeNaples was seen as a likely licensee. If you purchase a product or register for an account through one of the links on our site, we may receive compensation. DeNaples also joined a ceremony at the casino last year to mark the completion of a $40 million expansion project there. (One small example of that relationship is that Rossi had me originally barred from the Shrine for nothing more than writing critical articles about Wuerl.) DeNapless legal troubles over the years have been complicated: in 1978, he pleaded no contest to defrauding the federal government in a matter related to the cleanup of Scranton after Hurricane Agnes; in 2001, federal gambling investigators found informants who said that DeNaples paid protection money to the Bufalino crime family; in 2008, he was indicted for perjury after he told state gambling investigators that he didnt know Russell Bufalino, despite ample evidence to the contrary. Gambling regulators did not even take note of it when they filed their official "adjudication" explaining their reasons for giving DeNaples a license. Your e-mail address will be used to confirm your account. [4], In 2001, as part of a federal gambling investigation, four informants made mention of a relationship between DeNaples and current leader of the Bufalino crime family William D'Elia. Louis DeNaples shuns interviews. Ive mentioned this connection previously, but I felt that the subject deserved greater treatment. He is a very creative accountant, said one source. My source scoured the donors list and found next to the name of Louis DeNaples a designation dubbed Rossi Restricted, a designation indicating that Rossi has a personal relationship with that person. Louis DeNaples tosses the ceremonial dice at a craps table at Mount Airy Casino Resort in Paradise Township in 2010 for the start of table gaming. Lisa DeNaples said her father's vision to create a business his family could own and operate together is now being realized. Get the latest headlines on local sports! Louis describes it as the old school type of place where they would have guys playing cards and drinking wine all day.. DeNaples made a personal loan to cover $106 million which is the balance of the earlier debt amount to J.P. Morgan. https://spectator.org/wp-content/uploads/2019/09/George-Louis-Tape-20190926_161018_159842791420939.mp4, The Marriage of the Media and the Security State, Tucker Carlson, C.S. According to a 2001 federal affidavit, one informant claimed that DeNaples and D'Elia met weekly for many years and that "DeNaples has become a rich man through D'Elia's contacts in New York and New Jersey.". Small Business Administration regulations that have long governed loans made by banks using federal funds include a provision prohibiting banks from lending to other businesses owned by their directors, including ones such as DeNaples Jr. who are not also executives. A daughter's insight into her father - poconorecord.com His foresight will always guide his decisions. That prior relationship became a problem when the DeNaples' projectcame before the board. Considerable cloudiness with occasional rain showers. From humble beginnings (his family couldn't afford to send him to college), DeNaples built an empire that includes two landfills, an auto parts store, and interests in banking, real estate, garbage disposal, heavy equipment and scores of other businesses. As of 2022, Louis DeNaples will be 79 years old. Is Mass Immigration Killing Two-Party Democracy in the U.S.? The suit, filed by the estate of Stephen Dougherty, alleges the DeNaples brothers engaged in various conduct that benefited them at the expense of Dougherty. Toward that end, I drove out this last week to Scranton to find out more about the Rossi-DeNaples tie. He was the owner of Keystone Landfill Inc., DeNaples Auto Parts Inc. and chairman of the board of the First National Community Bancorp. Blake contends the brothers conduct strips away any protection the corporation afforded them, therefore they are responsible for its debts. Unlike the PPP programs forgivable loans, funds from the Main Street program must be repaid. I asked again and he walked away. Louis DeNaples was charged with perjury in 2009 for . DeNaples is also a philanthropist, donating large sums to Scranton Preparatory School where he sent his seven children the University of Scranton, the Roman Catholic Diocese of Scranton, the United Way and many other charitable and nonprofit institutions. He is the founder and CEO of DeNaples Auto Parts and is involved in several other businesses, including the waste management and real estate industries. "It has raised a lot of concerns about the manner in which the license was awarded.". One such insider was a bank director, Michael Conahan, the onetime Luzerne County president judge convicted in the Kids for Cash scheme during the early 2000s, under which the judges sent children to for-profit jails and received payoffs. Lisa DeNaples is the daughter of Louis DeNaples, and Louis DeNaples Jr. is his son. Louis DeNaples is one of the most recognized and celebrated businesspeople in the country.
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