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Gangland Wire

The Mob and the Savings & Loan Scandal

Gangland Wire

Gary Jenkins: Mafia Detective

True Crime, Documentary, Society & Culture, History

4.6623 Ratings

🗓️ 28 July 2025

⏱️ 37 minutes

🧾️ Download transcript

Summary

In this eye-opening episode of Gangland Wire, retired Kansas City Police Intelligence Unit detective Gary Jenkins pulls back the curtain on a lesser-known chapter of American crime history — how the Kansas City mob capitalized on the savings and loan crisis of the 1980s to fuel its criminal empire.

Gary takes listeners deep into the shadowy world of Nick Civella, the shrewd Kansas City mob boss whose knack for high-stakes financial deals made him a pivotal figure long after his rise to power in 1957. Discover how Civella leveraged massive loans — including the notorious $62 million from the Teamsters Pension Fund — to help finance Las Vegas casinos like the Stardust, creating opportunities for mobsters like Lefty Rosenthal to skim untold millions from the gaming floors.

The episode traces how shifting interest rates and lax lending regulations cracked open the door for organized crime to exploit savings and loan institutions. Gary details how local mobsters compromised bank employees, funneled unsecured loans, and left behind a trail of financial ruin that reverberated far beyond Kansas City. You’ll hear gripping accounts of banks like Shawnee State Bank and Indian Springs State Bank, where insiders turned a blind eye — or worse — to the mob’s schemes.

Listeners also meet Anthony Russo, a criminal attorney with deep ties to mob-run banking ventures, and Farhad Azima, a businessman whose name appears in allegations linking financial crime to covert government operations. These tangled connections paint a vivid picture of how the lines between legitimate business, organized crime, and shadowy politics can blur.

Through vivid stories and insider knowledge, Gary breaks down how these Kansas City schemes mirrored the nationwide savings and loan crisis that ultimately cost taxpayers billions. From questionable loans backed by worthless assets to the fallout that reshaped the Teamsters Union and federal oversight, this episode reveals how deep the mob’s influence ran — and how fragile the American financial system can be when corruption goes unchecked.

Tune in for a fascinating blend of true crime, history, and financial intrigue that exposes how power, money, and organized crime colluded behind the scenes to leave a lasting mark on American society.

Listen now on Apple Podcasts, Spotify, YouTube, or your favorite podcast app.


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Chapters
0:04 Introduction to Kansas City Mob

Transcript

Click on a timestamp to play from that location

0:00.0

Well, hey, all you wiretappers, good to be back here in the studio of Gangland Wire. This is Gary Jenkins,

0:05.6

retired Kansas City Police Intelligence Unit Detective with another story, and it's going to be

0:12.3

about Kansas City. But it's going to be how Kansas City was really part of the, remember the big

0:19.0

savings and the loan debacle back in the 80s

0:22.2

anyhow we had it we had a piece of that action here in kansas city

0:26.7

let's start off a little bit about the kansas city mob family which many many of you

0:32.6

guys may not know most of you probably do most of guys, most of the my guys that listen to this

0:39.6

regularly, they know all about Kansas City. They know all about all of my families. They like

0:44.9

these kind of obscure stories that haven't been told and retold and retold. So my job is to

0:50.9

continually try to find more of those stories. So this is one of them.

0:56.2

You know, we don't get, you know, Michael D. Leonardo, we don't get John Gotti and Bob,

1:02.8

but we've got a guy here in Kansas City that is a little known guy,

1:07.7

but he made a lot of money for the mob.

1:10.5

He was an interesting guy. Nick Zabella has been

1:14.2

the Kansas mob boss, you know, since the 19, I'll say since 1957 or so. He was at Appalachan. They

1:21.7

just didn't get caught at the meeting himself. He was down the road. He was at a train station,

1:27.1

a couple train stops away.

1:30.8

And Nick Savelle, he didn't have any formal education, but he had a nose for good, big,

1:37.2

sophisticated, money-making deals. He knew an opportunity when he saw it. I was on this local

1:43.7

podcast with a guy named

1:46.1

John Termini, and he had Nick Savella's great-grand-nephew. I guess that's how you say it.

1:54.0

It was Tony Ripe's grandson. Tony Ripes is Nick Sevella's nephew. And his kid was Anthony Savella.

...

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