West Haverstraw barber Anthony DePalma accused of loan sharking in organized crime probePosted: Updated:
A West Haverstraw barber has been accused of loan sharking in an organized crime probe.
Neighboring business owners say 69-year-old Anthony "Harpo" DePalma was rarely seen cutting hair at his shop on Railroad Avenue. Federal and local investigators say his cash was likely coming in on the side from his alleged mob connections as a loan shark with 200 percent interest rates.
He was arrested Tuesday after allegedly being caught with $60,000 in cash and loan records. The arrest was part of a 14-month organized crime sting that landed two others, including a reputed Genovese captain, behind bars.
DePalma is out on $1,000 bail, but News 12 saw no sign of him at his shop on Wednesday or at the building next door, which neighbors say he owns and rents out. While his tenants seemingly defended him, authorities say he has served time for running mob-related illegal gambling rings out of his shop before.
DePalma is due back in court on Friday.