There was an important real estate deal simmering. But it wasn’t going as planned. Alleged mob boss Angelo Figliomeni and a Toronto-area developer were wrestling with how to handle investors who appeared to be backing out of a $30-million development deal, according to a police summary of the wiretapped July 2019 phone conversation.
They appeared to have a plan on how to handle the situation. According to investigators’ synopsis of the call, the developer told Figliomeni, “You know we have a way we can f*** them.” “I’ll wait even until we get the $2 million .
.. Then I’ll say f*** you.
” Figliomeni made no objection, saying: “This is for me and you to know right?” Figliomeni’s strategizing with the developer was among thousands of calls wiretapped by police as they probed what investigators alleged was a powerful and dangerous Canadian faction of Italy’s ’Ndrangheta mafia , involved in illegal gambling and loan sharking in and around Toronto. Figliomeni did not respond to requests for comment sent via his lawyers. When police announced the arrests of Figliomeni and his associates in 2019, they alleged the group had laundered more than $70 million Canadian through casinos “in only a few short years.
” The charges against Figliomeni and eight associates were stayed. Legal documents that reporters obtained from the case show that police also suspected the group was laundering money through real estate in the Greater Toronto Area (GTA). The July 2019 ca.
