Notorious Memphis strip club owner Ralph Lunati pleaded guilty to racketeering.
The famous Platinum Plus on Mt. Moriah is now property of the federal government along with Tunica Caberet after owner pleads guilty to racketeering. The Notorious Ralph Lunati had been in business for years before pleading guilty to racketeering. The police raided the clubs and seized over 200,000 that they will keep along with the clubs.
Ralph Lunati's lawyer, Ted Hansom, said it's a deal his client can live with, as reported on Fox 13 Memphis.
So say good bye to to the Legendary Platinum Plus made famous in raps songs by 3 6 Mafia and just about every other Memphis rap artist, fair well.