Mob Boss Michael Franzese
If you are interested in learning about one of the richest gangsters of all time, Michael Franzese, you have come to the right place. You will learn about his life, how he made his fortune, and how he stayed out of the crosshairs of a hitman and other gangsters. If you are interested in booking Franzese as a speaker, contact a speaker booking agency.
Michael Franzese was a mafia boss
The American mobster Michael Franzese was a caporegime in the Colombo crime family. He was the son of former underboss Sonny Franzese. While he didn't have any notable accomplishments during his time in the organization, his legacy is still a topic of controversy. Read on for more information. Listed below are some of his notable accomplishments.
Born to a Colombo underboss and a former teacher, Michael Franzese was a former member of the gangster world. He racked up over $8 million a week in fuel tax fraud and was named one of the top mafia bosses by Fortune magazine in 1986. According to Vanity Fair, he earned more than Al Capone ever did. But, despite being a mafia boss, Michael Franzese's legacy lives on.
He was one of the richest gangsters of all time
In 1986, Michael Franzese was ranked No. 18 on the list of the 50 wealthiest and most powerful mafia bosses, just five slots below John Gotti. In fact, Franzese was the most powerful gangster ever, and is now a revered motivational speaker. He has made a name for himself in the business world, including in the movies, as a producer, and as a successful investor.
Michael Franzese was born into the wealthy Franzese family and was mentored by former Colombo soldier Joseph Vitacco. He later met John Gotti and Angelo Ruggiero, and in the 1980s, he became a caporegime of 300 men. For a brief period, his estimated income amounted to up to $10 million a week.
He avoided other gangsters
Michael Franzese was born in Brooklyn, New York, the son of Colombo underboss John Franzese and Cristina Capobianco. He studied pre-med at Hofstra University in 1969, but dropped out to help his family with money. He later joined the Colombo crime family, where he became a made man and caporegime. Ultimately, he would go on to become a feared gangster and caporegime of over 300 mobsters and gunmen.
While Franzese avoided conviction for many alleged crimes, he was caught on tape in 2006 describing his methods for dismembering his victims. He explained to investigators how he dismembered his victims and then cooked the body parts in a microwave or garbage disposal. He also advised his victims to be patient. After murdering a woman and two children, Franzese told police that he was a "master" at making bodies disappear.
He avoided hitmen
There are many myths about mob bosses avoiding hitmen. However, the facts are not all myths. Many mob leaders have been caught and tried for their crimes. In one case, Mob boss Michael Franzese avoided hitmen and went free. He escaped four more indictments because he avoided certain patterns of behavior. This article outlines how one mob boss managed to stay undetected for years.
The most famous of these lies is the one that Michael Franzese, a notorious underboss of the Colombo crime family, did not escape the risk of death. He was once accused of putting a hit out on his son. Franzese claimed that his father was planning to carry out the hit, and did not stop the hit himself. His father's edict for his son to be murdered, however, prompted him to step aside from the crime family and become a motivational speaker.
He avoided racketeers
While a high-ranking mobster, Michael Franzese was one of the few to have successfully walked away from the crime. In fact, his name was included in a Fortune Magazine list of the 50 most powerful mob bosses. Of those 50, 48 have died or are in prison. Franzese is the only one who has escaped from the mob while staying alive.
While convicted of extortion, Frank Franzese also participated in loansharking, bookmaking, and brutal gangland murders. From his base in Roslyn, Long Island, Franzese served as an underboss for Brooklyn crime boss Joseph Magliocco, who succeeded Profaci. Franzese, now 93 years old, was notorious for invading New York suburbs and driving out the owners of a long-standing ice cream parlor. However, federal and local law enforcement caught up with him in the midst of nationwide racketeering crackdowns.