FirstPlus Financial Group is a Texas-based mortgage company traded under the symbol FPFX. In 2011, a number of indictments and other legal actions showed that the firm had been taken over by Lucchese

Lucchese crime family

The Lucchese crime family is one of the "Five Families" that dominates organized crime activities in New York City, United States, within the nationwide criminal phenomenon known as the Mafia . The family originated in the early 1920s with Gaetano "Tommy" Reina serving as boss up until his murder...

 and Phialdelphia Mafia families

Philadelphia crime family

The Philadelphia crime family, also known as the Scarfo crime family, Bruno crime family, Philadelphia Mafia, or Philly Mob, is an Italian American criminal organization based in Philadelphia, Pennsylvania. It is one of the most active American Mafia families outside of the Five Families of New York...

 by the use of threats and violence. They were able to remove the firm’s entire board of directors and managers, replacing them with their own.

According to the company, in June 2007 the gangsters forced the firm to purchase several firms under very unfavorable terms. They may have looted $12 million from shareholders.

On June 24, 2011, the firm filed for bankruptcy protection under Chapter 11.

At one point, the company had Vice-President Dan Quayle

Dan Quayle

James Danforth "Dan" Quayle served as the 44th Vice President of the United States, serving with President George H. W. Bush . He served as a U.S. Representative and U.S. Senator from the state of Indiana....

 as a members of its (legitimate) board of directors. American football player Dan Marino

Dan Marino

Daniel Constantine "Dan" Marino, Jr. is a retired American football quarterback who played for the Miami Dolphins in the National Football League...

once served as its TV spokesman.