The Gottis Save Their Home

It turns out that Victoria Gotti and her family will be staying in their Old Westbury, New York home a bit longer. Newsday says that the reality TV star, gossip columnist and mob princess is working in a deal with the government that will keep the home from foreclosure. Gotti has said that she needed money owed to her by her ex-husband, Carmine Agnello from their divorce to pay her mortgage. and Agnello has said he needs cash to pay off a $10 million forfeiture judgment related to his racketeering conviction.
Gotti may be cutting a deal with the government that would give her title to a dozen properties that Agnello was looking to sell to raise money. Agnello's mother's name is on the deeds of three parcels that were supposed to be part of the package but lawyers for Gotti and the government said they are working toward a deal on the remaining commercial properties. Once she gets the money Gotti will have to pay off back taxes and other claims and could get enough money together to save her home. There is an outstanding $700,000 loan against the property. Gotti has claimed that Agnello secretly took out the mortgage on the mansion saying that she had given him power of attorney. The home was most recently on the market for $2.9-$3.2 million.

Reader Comments (Page 1 of 1)
Andy Jun 4th 2009 9:51PM
"pay off a $10 forfeiture judgment..." Heck, I have $10 I can give them.
Deidre Woollard Jun 4th 2009 10:15PM
Whoops, should be $10 million, makes a lot more sense that way. Thanks for the correction, Andy.