Sunday, March 11, 2007

UK's Adams gets seven years

Adams
Reputed London crime boss Terry Adams (left) was sentenced March 9 to seven years in prison, according to a story by Robert Stansfield of the UK Daily Record.

Adams, 52, believed by authorities to be responsible for as many as 25 killings, was instead convicted of money laundering. He pleaded guilty to a single count last month. He will be eligible for parole after serving half of his sentence.

Adams and his brothers Tommy and Patsy reputedly ran a criminal empire that had links to Colombian cocaine distributors and the Russian Mafiya and engaged itself in loansharking, protection rackets and money laundering.

As part of a plea deal, authorities dropped charges against Adams' wife Ruth.

The costs involved in the Adams case are staggering. An estimated 10 million British pounds ($19 million US) was reportedly spent on an investigation that lasted for years. That investigation was triggered when Adams was found to be inaccurately reporting income to Inland Revenue. Prosecution of the charges against Adams is believed to have cost 4 million pounds. Authorities believe Adams' empire is worth about $380 million (US).

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Editor/publisher of crime history journal, Informer. Publisher of American Mafia history website mafiahistory.us. Moderator of Mafia-related Google+ community and Yahoo discussion group. Author of Wrongly Executed? Coauthor of Deep Water: Joseph P. Macheca and the Birth of the American Mafia and DiCarlo: Buffalo's First Family of Crime. Contributor of American Mafia history to Australian-published Mafia: The Necessary Reference to Organized Crime. Writer/co-writer of crime history articles for Informer, On the Spot Journal, Cigar City Magazine, Tampa Mafia Magazine.