Founder of Gas Scam

Is it true that Iorizzo was the founder of the gas scam and shared his scheme with Franzese and the Luccheses?

The Russians led by Marat Balagula started with the gasoline scams I think Evsei Agron was involved at first, this led to the feud with his former right hand Balagula and eventually his murder.

always interested in some genovese soldier who was in charge of the genovese cutt from the gas scam. joe glitz was his nickname guess he was close to john gottti i think his capo was allie shades or some capo from brooklyn he wen to jail for tax evasion think he died young in the 90tys. every family had a guy in the gas scam. gotti put trentacosta or someshit in charge for his people a queens guy

Yes. According to Franzese, in a TV interview, Balagula came to him seeking protection from another Russian gangster.

Balagula was very close to Anthony Casso they made the Lukes very wealthy.

The “Lukes” ....lame

Franzese was making the most money through it along with his friend Iorizzo. The Luccheses had a hand in it but I don’t think they were making money like Franzese and Iorizzo were.

Casso said he made more money from gas than anything. But as much money as he made from it, Franzese made even more. Casso made a lot of money with many different rackets so that shows you how much having even a minority piece in the gas scam could get you.

Why is Iorizzo not spoken about like Franzese is? Sounds like they were both making about the same amount from gasoline.

Viktor Reznov I think his name was, Casso dispatched the Twins to make their bones with him. Joey popped him in the back of the head in a parking lot.

alan r the gemini twin guys were active with demeo and nino gagi crew before they got released to casso after demeos murder. said to have been doing hits as teens so mid 70tys. both were made as luchesse with al darco son in 1988 according to al

Yeah but I’m talking about after they were released by Gaggi & Casso took him in since he was their main weed supplier since the late 70s

20 years old they were when they killed Andrei Katz, their first murder.

i did some digging on the genovese guy joe glitz. he was indicted with michael f. hes never mention that guys name in any interview i seen or books. i think joe glitz kids are in the life.....

Joseph D'Arco was only an associate, surely? The guy was a junkie.

Cold night in Massachusetts hows they weather were you are moe?

Also wonder when the gas scam was officaly dead. And every mob guy in nyc who made money must have wanted michael f dead cause hes 1 of them and hes telling the feds all the secrets to the thing

Not too bad, surprisingly. Hasn't rained much all week.

There are loads of Lithuanians and Poles in Ireland. Similar mentality. They seem to like the cold. There's a really hot Lithuanian girl who works in the corner shop on my street. She always used to treat me like shit whenever she served me. Then one night she starts eye fucking me in the nightclub and dancing by herself right next to me, practically grinding on me. Hard to read, these girls. Suffice to say, I didn't have the balls to try it on with her even though she clearly wanted my D, and I haven't been in that corner shop since. Which is inconvenient for me. Irish people gravitate to Boston, but it's one of the cities I've never been to, weirdly enough.

LOL. Let me guess they all took advantage of native women so they can get permanent residency, right? Or take money under the table?

Irish kids all get the J1 visa and wreak havoc during the summer. NJ, Boston and San Francisco, mostly. Make out on tips.

Irish and English are more alike than they know. All of The Beatles except Ringo Starr are of Irish descent. Oasis and The Smiths, too. Ireland has fuck all popular music bands except U2 (Bono's a dickhead) but it's an immigration based country so...

I have lots of Polish friends. Same morbid sense of humor.

Once the Italians took control of the gas scam, Franzese and Iorizzo made the most money from it and made it bigger than it ever was. Does Casso ever talk about them in his book since he got involved after them and got a smaller piece of the pie?

He doesn’t

Edit: actually he does, I think he sends down one of his Capo to collect like all of the other families did when a big scheme like this is going on

Galizia had his profile in the old NY handbook with mostly mob guys but it also had a section for pimps also. Known as a major Buttlegger back in the early 70s.

https://www.newyorker.com/magazine/1994/11/14/on-the-lam-with-an-uber-mobster
Here is a short article on Iorizzo. Like Franzese he made tens of millions for himself off gasoline alone. You would think that money would buy you more power but I’ve seen people on here say that Franzese didn’t have as much power as others in the Colombo family even though he was making way more than them.

https://www.nytimes.com/1993/05/06/nyregion/13-indicted-in-oil-scheme-laid-to-mob.html


https://apnews.com/09ad54d04c2d37d87932bf47ff5f1d5d

Notice the difference it the figures Franzese talks about and what actually happened. If you watch his interviews from the early 90s it used to be 100 million total the stole over 5 years. Now it’s grown to millions a week bullshit

In his book, he says he made between 5-8 mil a week. But also in the book, they said if you followed the gas sales from Gallion, it was something like 100 million worth of gas a month......

I believe Franzese’s figures. Of course there’s no way to tell. I don’t think he was making all that money himself because all of that money had to be divided between others involved. I just think it’s impressive that he was able to make that kind of money without putting himself at risk by getting involved in the drug trade. I think the smartest gangsters were the ones who were able to substitute income that they could be getting through the drug trade with other lucrative rackets.

Does his book give more information than what he says in his interviews or does he pretty much cover everything whenever he speaks about his time in organized crime?

https://www.youtube.com/watch?v=zwhdXIJ3OyM

In that video, someone, I assume Iorizzo, says that he delivered $50m to Franzese.

I think that could be Iorizzo too. $50 million delivered to Franzese personally? That’s an awful lot of cash, I wonder if he is to be believed or not.

just caught a quick part of a michael franzese interview with vlad tv. its new it poped up on youtube. anyway he talks a little about chin. he says fritzy told him chin wanted to see him and he went down hester and walked with him. he asked michael if he was having problems with the gas scam or jr persico. he could get him over to his family. mike said no. he also sayd he was made again halloween 1975. he only brought up chin cause they were talking about godfather of harlem. i kinda believed him

Did he say why he didn’t switch to the Genovese? I have not seen the interview yet.