Organized crime bust: How does the ‘old school’ Mafia work today?

In New York on Thursday, 46 people were charged and 39 were arrested for crimes allegedly tied to mafia activity, allegedly including major mob bosses from both New York and Philadelphia.

Several members of the original Sicilian-American Mafia families were implicated in the arrests for a combination of modern and traditional mob crimes including extortion, racketeering, arson, loansharking, casino gambling, firearms trafficking, sports gambling, credit card fraud, and health care fraud.

All of which has people wondering if the clock has been rolled back to decades ago when the Mafia ruled mean city streets. But the Mafia remains a present threat, says US Attorney Preet Bharara. READ MORE.