James Galante Net Worth

September 5, 2023

James Galante net worth is an American convicted felon who once owned the defunct minor league hockey team Danbury Trashers and the waste disposal company Automated Waste Disposal. He is also known for his racecar team fielding cars for Ted Christopher. The former CEO has been arrested on multiple counts of fraud and racketeering. His business once handled almost 80 percent of the trash in southwestern Connecticut and Westchester County in New York. He paid a quarterly mob tax of $30,000 to alleged Genovese crime family boss Matthew “Matty the Horse” Ianniello in exchange for muscle to stifle competition.

In 2008, Galante was arrested and charged with multiple crimes including racketeering conspiracy, money laundering, wire fraud, and mail fraud. He was also accused of taking bribes and paying players on his hockey team more than the salary cap set by the league. Despite his initial indignation, he pleaded guilty to the charges and was sentenced to 5-7 years in prison. Galante lost control of his 25 garbage-related businesses which were valued at $100 million.

Galante was born in the Bronx and lived most of his life in bucolic South Salem. He worked as a salesman for a sanitation company before starting his own garbage collection empire. He is also a known philanthropist and has donated to various causes such as a pediatric suite in the emergency department at Danbury Hospital. His life story has gained popularity since it was featured on Netflix’s documentary film Untold: Crimes and Penalties.

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