Business deals go bad when politics meet cheesesteaks

    From a renegade romper, taking to the landing strips, to loaded handguns and explosives, Philadelphia International Airport has had quite the season. Now, it’s the concessions that have gotten into the act. Along with one of Philadelphia’s most notable names: Fumo.

     

    According to a story this morning on philly.com, Vincent E. Fumo, II, the son of former Senator Vincent Fumo, has filed multiple complaints against Andrew A. Cosenza, a Mount Laurel-based businessman, with multiple interests located in Philadelphia International Airport.

    Fumo reportedly purchased a 30 percent share in a cheesesteak venture, for $150,000. Profits were promised but never delivered. But it’s much more sordid than that.

    According the article, Cosenza was also a supporter of his estranged business partner’s father and had donated to both his campaign and his legal defense fund. Emails sent from the senator while in prison, to Cosenza cite Fumo’s complaints in Cosenza’s mismanagement of the PAC.

    “I told you in specific and uncertain terms when you took over FFS [Fumo for Senate] NOT to spend 1 [expletive] dime on anything except MAYBE a contribution to Larry [state Sen. Larry Farnese] +/or Frankie [City Councilman Frank DiCicco] if the[y] wanted +/or needed it,” Fumo’s e-mail said. “You blew through $100,000 in just one year and a lot of it [was] questionable and probably unexplainable.”

    So, from apparent PAC mis-management to sinking cheesesteak ventures, chances are there’s more to this story. Read more on philly.com.

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