From Gangland News
Michael Franzese, the Yuppie Don who quit the mob in the late 1980s and now makes a living talking about it, had nearly 10 million good reasons to chuckle last week when he told Gang Land that he hoped to be to able pay his restitution and fine during his lifetime.
Franzese, 52, was ordered to make restitution of $10 million and pay a $35,000 fine when he pleaded guilty 20 years ago. According to court records, Franzese owes $9,972,120 in restitution and fines, plus interest that Gang Land couldn’t begin to try to calculate.
At his set rate of $500 a month, Franzese would have to live another 1666 years – give or take a few – to pay it off. That’s even longer than Methuselah, the legendary biblical figure, or the Yuppie Don’s legendary old man, Colombo underboss John (Sonny) Franzese, who’s still trucking at 89.
Meanwhile, Manhattan U.S. Attorney Michael Garcia is still trying to decide when and how best to dispose of the pending racketeering charges against mob prince John (Junior) Gotti, whose third trial stemming from the 1992 shooting of Curtis Sliwa ended in a mistrial two weeks ago.
Last edited by Louiebynochi; 08/18/21 07:31 PM.