All the suckers (or legit citzens as they're known) don't know shit. So they are still in awe of the guy. But nearly everyone in the "life knows" his true status and therefore threads easy around him and acts aloof to the guy as needed. Remember though, for a few years the guy walks in one shoe. To outsiders (and even a few fellow "friends") to them he's still a mafioso and to be revered and respected as such.

But you always have an asshole in the crowd. Thats why a lot of guys get hit in the head down there road for mistakes and insults they made years, or decades, back.