Family of 1920s mobster and bootlegger searches for lost real estate fortune

Rocco Perri's ancestors say the late Canadian-Italian mobster built a real estate fortune in the U.S. and Mexico

Aug.August 12, 2018 10:00 AM

(Credit: New South Wales Police Department)

Rocco Perri’s family has been trying to track down the late mobster’s real estate fortune for years and accuses the Canadian government of keeping it from them.

The 1920s mobster and bootlegger who ferried booze to Al Capone in Chicago was based out of the Canadian town of Hamilton until, as his living relatives believe, he fled Canada in the 1940s to build a legitimate real estate empire in the U.S. and Mexico, as reported by the Toronto Star. Perri is thought to have died in Massena, New York in 1953 while living under the name “Giuseppe Portolesi.”

But tracking down the family fortune Perri left for them has proven difficult. The family, who now lives between Australia and Hamilton, told the Star they have been fighting with the Canadian government to obtain the estate money for years and have taken their struggle all the way to Prime Minister Justin Trudeau’s Office.

The Canadian tax agency denies any knowledge of Perri’s affairs to the family, however an informant from inside the agency allegedly told them the late mobster’s post-tax estate money was shipped back to Italy in 2008. [Toronto Star]Erin Hudson

Related Articles

With a cooling trade war, stocks perform well, including real estate. (Credit: iStock)

Real estate stocks push up this week as U.S.-China trade tensions ease

416 West 25th Street and Maverick Real Estate Partners principal David Aviram (Credit: Google Maps and LinkedIn)

Chelsea landlord claims “predatory” lender is charging a crippling interest rate as punishment after losing foreclosure case

Commercial loans expected to suffer because of the pandemic (Credit: iStock)

March saw fewer CMBS delinquencies. That is likely to change: Fitch

(Credit: iStock)

Thousands of CRE borrowers call on banks for debt relief

Banks, funds, mortgage REITs, and agencies like Fannie Mae and Freddie Mac have all begun adjusting their lending approach in face of the economic downturn (Credit: iStock)

These are the sectors where real estate lending is still happening: report

Angel Oak Cos. CEO Michael Fierman and Flagstar Bancorp Inc. CEO Alessandro DiNello (Credit: Angel Oak, Flagstar, iStock)

Mortgage market dries up for unconventional home loans

A WeWork office (Credit: Alex Tai/SOPA Images/LightRocket via Getty Images)

WeWork offers rent discounts as incentive to secure long-term leases

Gary Barnett, Central Park Tower, and the Tel Aviv Stock Exchange Bull (Credit: Wikipedia, iStock)

Extell’s Israeli bonds put on downgrade watch