Feds say Outfit soldier caught on tape planning robbery - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Advertise
    • Contact
    • Editorial Staff
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
December 23, 2016 Newswires
Share
Share
Post
Email

Feds say Outfit soldier caught on tape planning robbery

Chicago Tribune (IL)

Dec. 23--A reputed Chicago Outfit soldier was arrested on gun charges this week after he was caught on undercover recordings bragging about plans to break into the home of an elderly suburban lawyer and force him to open a safe filled with hundreds of thousands of dollars, federal prosecutors say.

"Nothing gets my juices flowing like putting a gun to someone's head, taking their stuff, and making it mine," Charles "Chuckie" Russell was quoted in a court filing telling a government informant. "It will be a great Christmas, I'm telling you."

Russell, 67, was arrested Wednesday after he allegedly went to a South Loop deli to purchase eight guns from a person who turned out to be an undercover federal agent, according to a 26-page criminal complaint unsealed Thursday. He was charged with two counts of being a felon in possession of a firearm and ordered held until a bond hearing in early January.

An alleged member of the Chicago mob's Grand Avenue crew, Russell was sentenced in 1992 to 35 years in prison for an aggravated criminal sexual assault conviction. He was acquitted of attempted murder in that case, records show. He was released on parole in March 2011.

Last month, a confidential informant told agents with the U.S. Bureau of Alcohol, Tobacco, Firearms and Explosives that Russell had been bragging about being "a top ranking member of the mob," according to the complaint.

At a meeting at a coffeehouse on Taylor Street, Russell allegedly told the informant he was the head of a prolific gang of burglars called the "Bishop" boys that was responsible for hundreds of burglaries and home invasions over the past several years.

On Dec. 16, Russell met the informant along with an undercover agent at the Boundary Tavern and Grille in Wicker Park, according to the complaint. During the conversation, which was secretly recorded, Russell talked about plans for an upcoming robbery of a man in his 70s who was believed to have as much as $750,000 in cash in a safe in his home, the complaint said. Russell said he'd been casing the home for years and had an "ex-girl" who was on the inside and knew the location of the safe and other valuables.

"If he doesn't open it, we're gonna make him open it," Russell said, according to the complaint. "They always open for me, believe me. I bring my butane torch, put it on the bottom of their feet, they open it."

According to the complaint, Russell wanted help on the robbery. He told the informant and the undercover agent that his crew would be equipped with all the proper tools to avoid detection, including police scanners, masks and a change of clothes. He also said their biggest worry would be if the victim had a heart attack, because if "he (expletive) drops dead, we got a (expletive) murder," according to the complaint.

"The fun for me is the score," Russell allegedly said on the recording. "That's how I get my adrenaline. ... You know how long it takes to come to down for me? I counted money one night for so long my hands were filthy."

Later in the conversation, Russell talked about buying firearms from the undercover agent. On Monday, the three men met again at the Gale Street Inn in Jefferson Park, where Russell gave the agent a list of guns he was looking for, including an Uzi submachine gun and an AK-47, according to the complaint.

During the meeting, Russell handed the undercover agent a driver's license depicting an African-American man and then showed him a cellphone photo of a car that was riddled with bullet holes. Russell said he was showing him "some decent work" of his, and that the man was "no longer with us."

"All (expletive) blood and brain all over the (expletive) seat," Russell was quoted in the charges as saying. "Went right through his head and out that side. Take (the car) and drop it off in the black community, another black bastard gets caught with it."

Chicago police confirmed that the man depicted in the driver's license photo was killed in November, according to the complaint.

Russell's arrest marked the latest blow for the once-feared Grand Avenue crew made famous by colorful and violent leaders such as Joey "The Clown" Lombardo and currently believed to be headed by Albert "Little Guy" Vena, who is Russell's brother-in-law

In 2014, alleged crew members Robert Panozzo, Paul Koroluk, and others were arrested on sweeping racketeering charges alleging an array of crimes going back to at least 2007, from home invasions and armed robberies to burglaries, arson, insurance fraud and prostitution.

[email protected]

___

(c)2016 the Chicago Tribune

Visit the Chicago Tribune at www.chicagotribune.com

Distributed by Tribune Content Agency, LLC.

Older

Workers’ Compensation Insurance Rates For Employers in Missouri, Aided by Competitive Market, Are Expected to Drop Again, Gov. Nixon Announces

Newer

State Awards $700,000 to URI’s Institute for Integrated Health & Innovation

Advisor News

  • NAIFA: Financial professionals are essential to the success of Trump Accounts
  • Changes, personalization impacting retirement plans for 2026
  • Study asks: How do different generations approach retirement?
  • LTC: A critical component of retirement planning
  • Middle-class households face worsening cost pressures
More Advisor News

Annuity News

  • Ancient Financial Launches as a Strategic Asset Management and Reinsurance Holding Company, Announces Agreement to Acquire F&G Life Re Ltd.
  • FIAs are growing as the primary retirement planning tool
  • Edward Wilson Joins SEDA, Bringing Deep Expertise in Risk Management, Derivatives Trading and Institutional Prime Brokerage
  • Trademark Application for “INSPIRING YOUR FINANCIAL FUTURE” Filed by Great-West Life & Annuity Insurance Company: Great-West Life & Annuity Insurance Company
  • Jackson Financial ramps up reinsurance strategy to grow annuity sales
More Annuity News

Health/Employee Benefits News

  • Data on Managed Care Reported by Researchers at Dartmouth College Geisel School of Medicine (Impact of the Medicare carotid stenting national coverage determination on procedure utilization and long-term stroke risk after carotid …): Managed Care
  • New Managed Care and Specialty Pharmacy Findings Has Been Reported by Howard Weston Schmutz et al (Challenges of the Inflation Reduction Act for long-term care pharmacy: Examining impact and policy solutions): Drugs and Therapies – Managed Care and Specialty Pharmacy
  • University of Washington Reports Findings in Managed Care (Too Sick to be True? Evaluating Potentially Problematic Diagnosis Coding Practices in Medicare’s Patient-Driven Payment Model): Managed Care
  • Falling off the cliff: Loss of insurance subsidies hits Durango's middle class
  • Universite Paris 1 Pantheon-Sorbonne Reports Findings in Science (Misperception, self-reported probabilities and long-term care insurance take-up in the United States): Science
More Health/Employee Benefits News

Life Insurance News

  • Best’s Market Segment Report: AM Best Revises Outlook on Germany’s Non-Life Insurance Segment to Stable
  • Brighthouse Financial Announces Fourth Quarter and Full Year 2025 Results
  • Genworth Financial Announces Fourth Quarter 2025 Results
  • Corporate PACs vs. Silicon Valley
  • IUL tax strategy at center of new lawsuit filed in South Carolina
Sponsor
More Life Insurance News

- Presented By -

Top Read Stories

More Top Read Stories >

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Elevate Your Practice with Pacific Life
Taking your business to the next level is easier when you have experienced support.

LIMRA’s Distribution and Marketing Conference
Attend the premier event for industry sales and marketing professionals

Get up to 1,000 turning 65 leads
Access your leads, plus engagement results most agents don’t see.

What if Your FIA Cap Didn’t Reset?
CapLock™ removes annual cap resets for clearer planning and fewer surprises.

Press Releases

  • ICMG Announces 2026 Don Kampe Lifetime Achievement Award Recipient
  • RFP #T22521
  • Hexure Launches First Fully Digital NIGO Resubmission Workflow to Accelerate Time to Issue
  • RFP #T25221
  • LIDP Named Top Digital-First Insurance Solution 2026 by Insurance CIO Outlook
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Advertise
  • Contact
  • Editorial Staff
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet