Why is $500,000 the rat contract limit?

I have been reading a lot lately and I cannot help but notice that when I am reading about a particular informant or, rat.......Anyway, I have never seen anyone with a contract on their head for more than $500,000 and I am curious as to why?

Pistone (He definitely deserved a cool $1,000,000 for the embarassment)

Leonetti (There is no way Nicky still has $500,000 so, I am assuming this one is either closed or reduced to a pack of skittles)

Teresa (He is dead BUT, $500,000 is his time was more valuable than the others)

Valachi (A mere $100,000?....not even worth the effort...Shoot him, clean up the mess, bury him.....Especially if it is summer time, too hot!)

Is $500,000 really as deep as these guys will go?
Has anyone ever wanted to get someone so bad that they exceeded the $500,000?

Also, I can almost bet that even if someone did take out someone with a half mil on their head, I am not too sure that the writer of that contract would actually pay up.
Does anyone recall an incident as such?...Where a huge bounty was placed on someone AND they actually paid out on the hit?

IIM,

Why offer five hundred thousand when you can get some wannabe to do the hit for five thousand or for nothing in some cases if they want to ingratiate themselves to the family. I think most contracts are in the 10 to 25 grand range.

You can offer a billion. If anyone ever did a hit for a half million they would never get paid. It is cheaper to kill you then to pay you.

It's all bullshit anyway. With all of the rats who've gone on to testify and write books, when's the last time any of them ever claimed that someone actually collected on a so-called open contract? Exactly never.

If you're a made guy and they tell you to kill someone, you do it. You don't ask why or for how much, or they'll turn around and kill you. That's the whole point of having a hierarchy to begin with.

I'm sure some wannabe would do it for even 6K in some cases... loll!

Did you guys know Rodney King was on PCP when the officer's tried to stop him? I know totally random but something interesting I learned today.

I don't believe half the stuff I read about the large bounties placed on the heads of rats and such. The $500,000 price on Pistone has pretty much been dismissed as BS. On the flip side,It would be a smart move to put word out on the street that there was a huge reward for a snitch's death.
A mob Boss runs very little risk by putting this kind of stuff out there for several reasons:

1) No made guy is going to take the chance on doing it himself,since no Boss is going to risk a major RICO charge by even discussing it,let alone passing the order down.

2)Every rum-dum wannabe on the street figures that he will make major points,and get on the fast track to being made by doing the deed. Now you have a bunch of goofballs looking for the rat,and none can be linked to the Boss or Family members.

3) If by some quirk,a street punk is succesful,what is he going to do? He can't collect,because to do so would involve some Family member conceding that the reward existed in the first place,which again, is a RICO charge. The other scenario is a meeting at some deserted location at which his reward will be inserted behind his ear.
Even this is unlikely,because how can anyone be certain that it isn't an FBI sting?

I could tell you but then I would have to kill you

I hope I'm worth at least $100,000 ,but if you ask my girlfriend,it's closer to a KFC bucket and a six-pack.(And domestic beer at that).

I think these bounties are basically the mafia's way of saving face - so it does not appear to the public that the rats got off scot free.

But u guys remember the hit on that couple who were going around robbing mob joints. I think there was an open contract on that but not for the individual who carried it out

Rather the family able to pull it off/ would be able to collect

As for open contracts ie supposedly nicky scarfo put that contract on joey merlino from jail... Nobody with half a brain would carry it out , because where do u go to collect?

Now if scarfo was serious, he's better off paying some hitman the half the money upfront and rest after job done. But u know he's not going to do that

So job never gets done.

They were basically the Gambinos' problem and the Gambinos handled it. If Vinny Basciano didn't become famous after Massino flipped, his name never would have gotten dragged into that retarded movie. He had nothing to do with it.

These open contacts are bullshit. Like someone just said, talking about it is a way to save face. Because wiseguys love to hear themselves talk.

Was it ever proven that a mob associated member who wasn't the rat himself actually stated about the bounty? Some guy ratted out the mafia and now to not feel as a miserable fuck he thinks up a story that the mafia has put a large sum of money above his head.

There is no reason to actually kill the rat. While he will live in some Montana 500 people town in the middle of nowhere, he'll also look past his shoulder after every smallest sound, being afraid of getting killed. Years of paranoia will lead him to being mentally disordered and bragging on TV shows like Henry Hill, how he just came to the TV studio escaping a Cadilliac full of mob hitmen with tommy guns chasing after him.

Unless the rat of course comes to the mob himself and they can kill him and get away with it, I doubt there's a hit happening.

Also, the guy already has ratted for example, people already are put in prison. If the rat needs to be killed, then it is the time until the judge gives everyone their prison sentence.

The riccobono brother that ratted.was there a contract on him

Here's a quote from last week's gangland article, regarding the rat in the creative advertising style named 'Papa Smurf' case. So really, when a rat has to live like that, who would want him dead? I'd rather see him live like this for the rest of his shitty life.

"In court papers, prosecutors wrote that Hughes "remains in virtual hiding, fearful for his safety and the safety of his close family members." His "ability to earn a living and to support his family is essentially non-existent," they wrote, adding that his "life will never return to the way it was prior to his arrest."

I'm framing that quote and hanging it in my office.

Some bum got 10k after he murder the capo al bruno in Springfield mass.

On another note, I seriously wonder if our beloved U.S. government has ever paid out for someone on the most wanted list.....I heard they offered $25,000,000 on Osama and some businessman claims he is owed it.....The gov. refused to pay.........The real question is, has any human EVER collected a sum of money, larger than the guy who killed Al Bruno?.........Seems like no one ever gets paid.

There's no such thing as a contract on a rats head. At least not in the last 20 years. Guys in that lifestyle can't take money for putting in work that's a big nono and will get you clipped as well. You clip a snitch or assumed rat you might be able to take over his street activities but that too is questionable. Stop with this nonsense!

Statement above refers to italian organized crime. Spanish black Russian your on your own with that