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FirstPlus Financial Hit by Mob Takeover, Prosecutors Say

FirstPlus Financial Group Inc., a Texas mortgage company, was taken over through extortion by reputed associates of the Lucchese organized crime family, U.S. prosecutors charged.

Nicodemo S. Scarfo, Salvatore Pelullo and others seized control of FirstPlus in June 2007 “by threatening its existing management,” federal prosecutors charged in an Oct. 26 indictment unsealed today in Camden, New Jersey. Scarfo is the son of Nicodemo “Little Nicky” Scarfo, the imprisoned boss of the Philadelphia-area mob, prosecutors say.