Philip Abramo (born 1945), also known as "The King Of Wall Street is a caporegime in the New Jersey DeCavalcante crime family who was allegedly involved in security fraud and murder. He became involved in extortion, loansharking, and microcap stock fraud schemes. Abramo was the hidden control person behind Sovereign, a prominent microcap stock company and its sister trading firm, Falcon Trading. Abramo also controlled two penny stock firms, Toluca Pacific Securities and Greenway Capital. Abramo allegedly controlled other small-cap stock dealers through brokers and traders owing allegiance to him.[2] Wikipedia