Ties To Mafia
In 1960, the Senate Subcommittee on Antitrust and Monopoly chaired by Senator Estes Kefauver held hearings into organized crime and professional boxing. It was revealed that the IBC had ties to Mafiosi Frankie Carbo, a soldier in New York's Lucchese Family who had been a gunman with Murder, Inc.. At the time of the hearings, Carbo was imprisoned on Riker's Island, having been convicted of the undercover management of prize-fighters and unlicensed matchmaking. The hearings revealed that Carbo's wife was employed by the IBC at a salary of 45,000 a year.
The following year, Gibson Jr. and Carbo, Carbo's partner Frank "Blinky" Palermo (a member of the St. Louis crime family, and Los Angeles mobsters Joe Di Sica and Louis Dragna, were charged with conspiracy and extortion against National Boxing Association Welterweight Champion Don Jordan. After a three month trial, in which U.S. Attorney General Robert Kennedy served as prosecutor, the defendants were convicted and sent to federal prison.
Read more about this topic: International Boxing Club Of New York
Famous quotes containing the word ties:
“We must remember when we speak of the “negativism” of the toddler that this is also the child who is intoxicated with the discoveries of the second year, a joyful child who is firmly bound to his parents and his new-found world through ties of love. The so-called negativism is one of the aspects of this development, but under ordinary circumstances it does not become anarchy. It’s a kind of declaration of independence, but there is no intention to unseat the government.”
—Selma H. Fraiberg (20th century)