Family ties bind bank behind 50M taxpayer backed coronavirus loan to Poconos casino

Who Is Louis Denaples? Family, Casino & Legal Battles Explored

Family ties bind bank behind 50M taxpayer backed coronavirus loan to Poconos casino

By  Mr. Shaun Schmeler Jr.

Ever wondered how a local businessman from Scranton, Pennsylvania, could rise to become a casino magnate, only to face allegations of perjury and ties to organized crime? The story of Louis DeNaples is a gripping saga of ambition, risk, and family legacy.

Louis A. DeNaples, a name synonymous with both entrepreneurial success and legal controversy in Pennsylvania, has had a career marked by significant achievements and formidable challenges. From his early ventures in auto parts and waste management to his later foray into the casino industry with Mount Airy Casino Resort, DeNaples has always been a figure of considerable influence. However, his path has been far from smooth, with accusations of perjury and links to the Bufalino crime family casting a long shadow over his accomplishments. This article delves into the complex narrative of Louis DeNaples, exploring his business ventures, legal battles, and the legacy he leaves behind for his family.

Louis A. DeNaples: Biographical and Professional Overview
Full Name Louis Anthony DeNaples
Born N/A (Resident of Dunmore, Pennsylvania)
Spouse Betty Ann DeNaples
Children Louis DeNaples Jr., Lisa DeNaples, Donna Dileo, Anne DeNaples, Dominica DeNaples, Margaret Mary Glodzik, and others (seven children in total)
Education N/A
Career & Professional Information
Occupation Businessman, Banker, Casino Owner (Former)
Key Businesses
  • Keystone Landfill Inc.
  • DeNaples Auto Parts Inc.
  • Mount Airy Casino Resort (Former Owner)
  • First National Community Bancorp (Former Chairman)
Role at First National Community Bancorp (FNCB) Chairman of the Board (until resignation directed by the Federal Reserve Board)
Compensation (2020) $47,000 as Chairman of the Boards of FNCB and the Bank at FNCB Bancorp Inc. ($32,000 in cash, $15,000 in equity)
Mount Airy Casino Resort Former Owner; Ownership transferred to children and grandchildren via trusts.
Legal Issues
  • Pleaded no contest in 1978 to defrauding the federal government.
  • Charged with perjury in January 2008 (charges later dropped).
  • Gaming license suspended and later revoked.
Family Trusts Casino ownership divided equally among trusts in the names of DeNaples children and grandchildren.
Key Family Members in Business
  • Louis DeNaples Jr. (Son): Banks Vice Chairman and minority owner.
  • Lisa DeNaples, D.M.D. (Daughter): Initially headed the trust for Mount Airy Casino Resort.
  • Donna Dileo (Daughter): Managing member of the expanded trust.
Reference Link Wikipedia (verify with other sources)
Family ties bind bank behind 50M taxpayer backed coronavirus loan to Poconos casino
Family ties bind bank behind 50M taxpayer backed coronavirus loan to Poconos casino

Details

Bank with ties to Louis DeNaples behind 50M taxpayer backed coronavirus loan to Mount Airy
Bank with ties to Louis DeNaples behind 50M taxpayer backed coronavirus loan to Mount Airy

Details

Bank with ties to Louis DeNaples behind 50M taxpayer backed coronavirus loan to Mount Airy
Bank with ties to Louis DeNaples behind 50M taxpayer backed coronavirus loan to Mount Airy

Details

Detail Author:

  • Name : Mr. Shaun Schmeler Jr.
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