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Case file s1354 · Money and markets · 1983
1983
Meyerlansky: Meyer Lansky, mugshot of New York Police Departement
Meyerlansky. New York Police Departement (Upload by Robinhood on the German Wikipedia). Public domain, Wikimedia Commons.
Died
15 January 1983
Place
Miami Beach, Florida, USA; Herzliya, Israel
Field
casinos, organised crime · Business and finance on the timeline
Legal tradition
US federal tax law; Israel's Law of Return · Common law
Historical event
the Mob's casinos in Havana and the Bahamas, and the Cuban revolution of 1959

The FBI believed Meyer Lansky had $300 million hidden; he died in Miami with less than $35,000 in the bank

Meyer Lansky, born in Grodno in 1902, was called the Mob's accountant. He worked with Lucky Luciano and Bugsy Siegel, helped build the Mob's casinos in Las Vegas and Havana, and controlled casinos in the Bahamas and London. The Mob Museum says he reportedly controlled a Swiss-based bank through which he laundered profits. The Cuban revolution cost him his Havana casinos. In 1970 he was indicted for federal tax evasion and fled with his family to Herzliya Pituah, Israel. Israel did not then extradite its citizens, and the Law of Return let any Jew settle there, but the government kept the right to exclude Jews with a criminal past. Two years after he arrived, Israel refused him and he left. He was arrested at Miami International Airport. He was acquitted or had the charges dropped, partly because of his health. He died of lung cancer in Miami on 15 January 1983. Federal authorities said he still had $300 million hidden. Lansky said he was nearly broke, and at his death he had less than $35,000 in his bank account. No hidden fortune has been found. In 2018 his grandson and namesake, Meyer Lansky II, told the Jewish Chronicle that his grandfather opposed giving him the name and would not be photographed with him, fearing the name would harm him.

What the law took from it

A fortune kept in other people's names cannot be traced by the government, and it cannot be claimed by the heirs either.

Family version vs. the record

Lansky said he was nearly broke; federal authorities said he had $300 million hidden; no cache has been found: and

Sources
  1. themobmuseum.orgScholarship
  2. thejc.comPress
  3. Wikipedia (English)Encyclopedia

Cite as: celebrity.estate, “The FBI believed Meyer Lansky had $300 million hidden; he died in Miami with less than $35,000 in the bank,” story s1354, https://www.celebrity.estate/meyer-lansky-1983, updated 30 October 2026.

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