How the Teamsters Became the Mafia’s Biggest Bank

8 days ago
112

from Street Files YT channel
https://www.youtube.com/watch?v=CQcgbFIRpss
DESCR:
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1,612 views Nov 20, 2025 #JimmyHoffa #MobStories #MafiaHistory
They were America’s largest labor union — and the mob’s most powerful financial partner.

From Detroit to Las Vegas, the Teamsters’ Central States Pension Fund moved over a billion dollars in loans — money meant for truck drivers’ retirements — that secretly financed casino empires, mob-owned real estate, and decades of organized crime.

This episode of Street Files dives deep into how ordinary workers’ paychecks funded the Mafia’s rise, and how federal investigators uncovered one of the most complex webs of corruption in U.S. history.

Through Senate hearings, secret FBI wiretaps, and dramatic courtroom battles, we uncover the truth behind Jimmy Hoffa, Allen Dorfman, and the money trail that built modern Las Vegas.

🕵️‍♂️ When the pension fund became the Mafia’s private bank, the workers paid the price.

Disclaimer:
This documentary is intended for educational and historical purposes only.
All events and individuals depicted are based on verified public records, law enforcement files, and historical reporting.
Street Files does not glorify or promote criminal behavior.
Every effort has been made to ensure factual accuracy; however, some events are subject to differing historical interpretations.
The documentary aims to inform viewers about the impact of organized crime on labor, finance, and American society.

Sources:

FBI Records: The Vault — Jimmy Hoffa
https://vault.fbi.gov/jimmy-hoffa

FBI Records: The Vault — Teamsters Central States Pension Fund
https://vault.fbi.gov/teamsters-central-states-pension-fund
[gone]

U.S. Senate — McClellan Committee Hearings on Labor and Management (1957–59)
https://www.govinfo.gov/content/pkg/CHRG-85shrg39868
[gone]

The Mob Museum — “Jimmy Hoffa and the Teamsters: The Pension Fund that Built Las Vegas”
https://themobmuseum.org/blog/jimmy-hoffa-teamsters-pension-fund-built-las-vegas/

The New York Times Archives — “Teamsters Under Federal Oversight Since 1989”
https://www.nytimes.com/1989/03/15/us/teamsters-to-accept-federal-oversight.html
[not on archive.org or .today]

U.S. Department of Justice — RICO Case Files and Historical Summaries
https://www.justice.gov/archives/jm/criminal-resource-manual-109-rico-overview

PBS Frontline — “The Two Faces of Jimmy Hoffa”
[I think this is it:
https://rumble.com/v6r17ua-jfk-hoffa-and-the-mob-frontline-1992.html ]

Los Angeles Times — “Allen Dorfman, the Pension Fund, and the Mob’s Shadow” (1983)
https://www.latimes.com/archives/la-xpm-1983-01-24-mn-35711-story.html

National Archives — “Organized Crime and the McClellan Hearings”
https://www.archives.gov/exhibits/american-originals/kefauver

U.S. Department of Labor — Pension Benefit Guaranty Corporation: Central States Assistance (2024)
https://www.pbgc.gov/news/press/pr24-02
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