Charles Lightbody, pictured right here, too as two others are accused of conspiring to cover Lightbody’s ownership stake in land that was sold to Wynn Everett for the 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 federal authorities. 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 impact on Wynn’s winning bid to construct the $1.6 billion resort.
Lightbody Ownership Stake Concealed
According to your federal indictment, three owners regarding the land sought out of their way to cover up the fact that Charles Lightbody, a known Mafia associate and a convicted felon, had been among the partners whom owned the land. These people were said to have feared (and perhaps rightly so) that the Wynn bid for the Greater that is only Boston-area license might be discounted if Lightbody had been recognized to be a part of the land sale.
The three defendants each face federal fraud charges that could secure all of them with up to 20 years of jail time. State fraud charges could also carry another five years in jail for each man. Lightbody has been held without bail until a hearing week that is next while the other two landowners, Anthony Gattineri and Dustin DeNunzio, were released after their first heari