Crimesha Giggles
Ah Chicago, County of Cook, State of Illinois, you never disappoint:
While helping build Cinespace Chicago Film Studios into a production powerhouse for movies, streaming and TV, Alexander S. “Alex” Pissios also played a part in several real-life dramas. After federal prosecutors threatened to charge Pissios with bankruptcy fraud, he went undercover as a mole, helping them snare longtime Chicago Teamsters union boss John T. Coli Sr., who was convicted of extorting cash from Cinespace in exchange for labor peace.
Around the time Pissios sold his Chicago studio for a reported $1 billion or more in 2021, court records showed he owed money to the leader of a reputed mob-tied bookmaking ring in the south suburbs, though Pissios wasn’t charged in the case.
Before running Cinespace, Pissios developed real estate with Edward Gobbo, a former Chicago Department of Streets and Sanitation truck driver under investigation by federal authorities in connection with Bridgeport’s Washington Federal Bank for Savings, which was shut down over massive fraud. Both men, who each went through bankruptcies, got loans from the bank.
More recently, Pissios dipped a toe into the political drama of new Cook County State’s Attorney Eileen O’Neill Burke’s election run. Records show O’Neill Burke took a $50,000 campaign contribution from the onetime federal mole on Dec. 23.
She's been in office what.....just over a month? And already, (inadvertently?) tied into a bankruptcy fraud, and fbi investigation, and the Outfit.
Sounds like an old time, original Daley, Machine connect politician.
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