Federal investigators have questioned executives of New York-based Newmont Mining Corp. about a telephone credit card registered to the firm that was used during 1985 by a reputed member of a New York organized crime family, The Times has learned.
Newmont is the nation's largest gold producer and holds the largest reported gold reserves in North America. The company is fighting a takeover bid by famed corporate raider T. Boone Pickens Jr., whose Ivanhoe Partners recently offered $105 a share, or nearly $6 billion, for the 90% of Newmont stock that it doesn't already own.
According to court documents obtained by The Times, Vincent (the Chin) Gigante, the reputed underboss of the Genovese crime family, "uses a telephone credit card that's assigned to the Newmont Mining Corp. at 200 Park Avenue."
The reference to Newmont is contained in a 1985 sworn FBI affidavit requesting continued wiretap surveillance of a number of alleged Genovese family members who were being investigated by an FBI-New York Police task force. The affidavit is part of a court case involving the alleged extortion of a Philadelphia budget record distributor by a group of reputed East Coast organized crime figures.