• Convicted felon with family mob ties accused of defrauding investors

    Convicted felon with family mob ties accused of defrauding investors

    Federal officials say a convicted felon with mob ties and his wife fraudulently raised more than half a billion dollars from investors for their company, which loaned cash to small businesses at interest rates as high as 400 percent. Convicted felon Joseph LaForte, who goes by the name Joe Mack, and his wife Lisa McElhone …