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March 30, 2000
By Jerry Capeci
Bulls, Bears and Gangsters
When it comes to the stock market, the Lucheses are bears. The Gambinos are in the middle. And the Genoveses, Bonannos and Colombos are clearly the bulls.

These are the stock market profiles of New York's five Mafia families that have emerged in view of some amazingly lucrative stock fraud schemes that have plagued Wall Street over the last decade.

Earlier this month, a 20-count, 79-page federal racketeering indictment was handed up which never mentioned the Luchese crime family, headed John Gotti At Marionby Vittorio Amuso who is now serving a life sentence for racketeering and murder in a federal prison in Atlanta.

The Gambinos, whose boss, John Gotti, is serving his life sentence in Marion, Illinois, only come up in one aspect of the case, in which 19 mobsters, brokers and reputed Russian organized crime figures Eddie Garafolaare charged in a four-year, $41 million "pump and dump" scheme.

According to the indictment, when Gambino mobster Edward Garafola, 62, tried to flex his muscles in a $100,000 extortion, the Genoveses' Wall Street representative, soldier Ernest (Butchie) Montevecchi, 54, sent Garafola, (left) away empty handed. Montevecchi is serving 63 months for a similar stock fraud scheme.

Montevecchi and Bonanno and Colombo wiseguys "provided protection" and "resolved disputes relating to the fraudulent sale of stock and warrants"

by a Manhattan brokerage, according to Brooklyn federal prosecutors Jonathan Sack and Eric Corngold.

The firm, White Rock Partners and Co., was in business from September, 1993 to September, 1996 for the "primary purpose of earning money through fraud involving the manipulation of the price of securities," the indictment Frank Coppa Sr.charged.

Frank Coppa Sr., 58, a capo (right) from Manalapan, N.J., was the key representative of the Bonanno family, which also used the talents of beefy associate Eugene Lombardo to protect the family interests. Lombardo, who pleaded guilty in the same case as Montevecchi, is serving eight years.

Daniel PersicoThe Colombo heavy was Daniel Persico, (left) a 38-year-old Brooklynite whose official crime family status is not clear to Gang Land's sources, (Some say he's been inducted into the crime family, others say no.) but whose bloodlines establish him as a player, regardless. Persico's father Theodore is a capo; his cousin Alphonse is the family's acting boss; his uncle is former  boss Carmine (Junior) Persico. All three are in federal prison.

On two days in 1995, in the only detailed transaction listed in the indictment, the trio made $164,500 in profits from the sale of stock in a Queens construction company that was owned by a Gambino associate and that has since filed for bankruptcy protection.

Of the reputed mob defendants, all but Montevecchi and Lombardo, who have yet to arrive in Brooklyn from the federal prisons they currently call home, pleaded innocent and been released on bond to await trial.   

Bull's Case Means Nothing to Gotti
gravano07.JPG (21627 bytes)In the last five weeks, countless readers have  wondered whether the arrest of Salvatore (Sammy Bull) Gravano on drug charges might mean a new trial for convicted Gambino boss John Gotti.

Simply put, the final answer is, "No."

Despite what longtime Gotti lawyer Bruce Cutler and other Gottiphiles keep saying and saying -- they're a little like the Energizer bunny -- Gravano's  drug beef, coming eight years after Gotti's 1992 trial and conviction, is a meaningless footnote.

For those Gang Land viewers who have yet to hear a small sampling of the key evidence that sent the Dapper Don up the river -- his own tape recorded words -- check out our "Boss Talk" page and listen in as Gotti speaks his mind.

Bull's Case Means A Lot To Bosko
bosko.jpg (4963 bytes)In the one federal trial that Gravano's arrest does effect, the judge gave the feds five more weeks (May 8) to find witnesses to prove that former Westies boss Bosko Radonjich fixed the jury at Gotti's first federal racketeering trial.

Brooklyn Federal Judge I. Leo Glasser approved an anonymous panel for the jury tampering trial but ruled that jurors could not be told that Radonjich --  arrested Jan. 1 after eight years as a fugitive -- was convicted in 1979 of possessing dynamite as part of a bombing conspiracy. The information is too old, and too prejudicial, the judge said.

Glasser, who presided over Gotti's 1992 trial and the jury tampering case of the juror whom Radonjich allegedly bribed, rejected most of defense lawyer Lawrence Hochheiser's requests during the session last Friday.

Glasser refused to preclude prosecutors from altering their current plans not to call Gravano as a witness, and at one point expressed mock surprise that Hochheiser had already decided that Gravano was guilty as charged.

"I would think that you, as a defense lawyer, would be the first to point out that he is only accused of a crime," said Glasser.

"I must tell you Judge, the case was put together by state and federal officers," smiled Hochheiser. "I've studied it carefully. He looks pretty guilty to me."

Paciello Goes Home To Staten Island
paciello.jpeg02.jpg (9292 bytes)After four months behind bars, Generation X gangster Chris Paciello was let out yesterday on a $15-million bond secured by $2.8 million in property and $150,000 in cash and moved into his brother's modest home on Staten Island.

Paciello, 28, was released after he, Ingrid Caseras, (right) his partner in a few South Beach nightclubs, and others posted the security. Paciello agreed to what could be the most expensive and severe home detention restrictions  of the young millennium.

"There are more conditions on this bond than I think I have ever seen," said Brooklyn Federal Magistrate Judge Joan Azrack.

Among other things, Paciello, who awaits trial for murder and armed robbery, is paying for two security guards who were chosen by the feds and will be living with him. There are no cell phones, pagers, or computers in the home, and the house is under round the clock electronic monitoring. The guards can "search the premises at any time of the day or night at their vergara.jpg (8174 bytes)sole discretion." Paciello can have no visitors, except those pre-approved by the government, and they can be searched to ensure they do not bring any contraband into the home.

With all those restrictions, it would seem that Paciello might be under less stress at the Metropolitan Detention Center, except that the two women he loves the most, his mother and his girlfriend, the lovely Latina TV personality, Sofia Vergara, (left) have been approved by the government as live-in guests.

Email Jerry Capeci: editor@ganglandnews.com

Copyright, Jerry Capeci, 2000
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