(CNN) -- Horror-meister, Stephen King calls George Pelecanos "perhaps the greatest living American crime writer." His stories are set in Pelecanos' hometown of Washington, D.C., but this is not the side of the U.S. capitol that you see portrayed on TV with white marble monuments, lawyers and lobbyists. Pelecanos is more interested in working families struggling to get by, the racial tensions in its ethnic neighborhoods and the low-lifes on the edges. His crime-writing peers call Pelecanos the "undisputed poet" of Washington's gritty side. The best-selling and award-winning author is out this week with his 17th and latest novel, "The Cut." It's the first in a new series featuring Iraq war veteran and private investigator Spero Lucas. When he's not working for a Washington defense attorney, Lucas recovers stolen property for a 40% cut. Now, a high-profile crime boss hires Lucas to find out who's been stealing from him, and it could turn out to be Lucas' biggest payday or an untimely end. While Pelecanos made his bones in the noir tradition, there's a definite "Western" feel to "The Cut." The new novel takes place in a morally gray and often violent world. It's peppered with pitch-perfect dialogue and captures the sights, sounds and taste of Washington in rich detail. In short, Pelecanos reads like the real deal. Pelecanos knows a thing or two about capturing the authenticity of urban America with an ethnically and socially diverse cast. In addition to his success as a novelist, Pelecanos is a producer and writer for HBO's New Orleans-set, "Treme." He was previously a producer and Emmy-nominated writer on the hit series "The Wire" and the miniseries "The Pacific." Read an excerpt from "The Cut" CNN recently spoke to Pelecanos about his new novel. The following is an edited transcript. CNN: Tell me more about your new character, Spero Lucas.

Spero Lucas is a character in what novel?

New York (CNN) -- Three defendants pleaded guilty in federal court Wednesday to conspiring to defraud a Holocaust reparations organization out of $57.3 million, according to court documents. Genrikh Kolontyrskiy, Moysey Kucher and Dora Kucher, all of Brooklyn, helped produce and process some of the thousands of fraudulent applications for the Conference on Jewish Material Claims Against Germany that are under investigation. The organization, also known as the Claims Conference, distributes more than $400 million a year from funds provided by the German government to victims of the Holocaust. "Our efforts to hold to account all of the individuals who participated in defrauding an organization that exists solely for the purpose of aiding victims of Nazi atrocities continues," said Preet Bharara, U.S. Attorney for the Southern District of New York, in a statement. The defendants aided in defrauding two funds managed by the Claims Conference, the Article 2 Fund and the Hardship Fund, of $45 million and $12.3 million, respectively, according to court documents. The Article 2 Fund makes monthly payments of around $400 to survivors of Nazi persecution who make less than $16,000 per year "and either lived in hiding or under a false identity for at least 18 months," according to a news release from the U.S. Attorney's office. The Hardship Fund pays a one-time payment of $3,500 to "victims of Nazi persecution who evacuated the cities in which they lived and were forced to become refugees." Kolontyrskiy, 80, knowingly processed fraudulent applications for payment while employed with the Article 2 Fund, according to court documents. Moysey Kucher, 66, and Dora Kucher, 58, recruited individuals to provide identification documents that were used to prepare fraudulent applications for both funds, in exchange for money paid out to the false applicants, according to court documents. Jesse Siegel, Kolontyrskiy's attorney, said his client was by no means a major instigator, but he takes responsibility for his actions.

When Genrikh Kolontyrskiy, Moysey Kucher and Dora Kucher submitted applications fraudulently, what two organizations did their money come from?

Imagine a glass of your favorite drink that never became empty. Now think about what really happens. You take a drink and there is less in the glass. You keep drinking and soon it is all gone. Good thing you have more to refill your glass. What if there would never be any more of your favorite drink. What would you do? Now you know the difference between renewable and non-renewable. Its too bad that many things here on Earth will run out. This includes some of our natural resources we depend on. Things like oil will not last forever. There is a limited supply. Someday, we will run out, so then what? At current rates of use, coal will last about 300 years. Petroleum will be used up in just a few decades.
Does the Earth have other none renewable resources we depend on other than oil?