Born to Steal: When the Mafia Hit Wall Street by Gary Weiss

By Gary Weiss

This is often the real tale of Staten Island badboy Louis Pasciuto's meteoric upward push to the head of Wall Street's infamous chop homes - through the award-winning journalist who broke it. Hood agents. per month million greenback paychecks. Thirty-six hour cocaine binges. "Rocky" themed pep rallies. Run-ins with Mafia thugs toting Mac 10 laptop pistols. This was once the lifetime of Louis Pasciuto, a quick conversing Staten Island child who, from the age of nineteen to twenty-five, moved shares for 17 diversified brokerage homes - more often than not with no pretend license. This within account of the Mafia's infiltration of Wall highway information Louis' occupation because the consummate liar, promoting phantom shares to naive americans and top a life-style precious of Caligula. to prevent an extended legal sentence, Pasciuto finally grew to become country witness. Now, Gary Weiss stocks the interior tale of Wall Street's infamous "chop houses", top referred to as the crooked Mob-run brokerages, the place rampant thievery netted numerous billion money from gullible traders

Show description

Read or Download Born to Steal: When the Mafia Hit Wall Street PDF

Best crime & criminals books

The Case Against Punishment: Retribution, Crime Prevention, and the Law

What ends does our felony justice method count on and wish to serve while it punishes wrongdoers? Does the punishment of offenders do extra damage than stable for American society? within the Case opposed to Punishment, Deirdre Golash addresses those and different questions about the price of punishment in modern society.

Sex, Slavery and the Trafficked Woman: Myths and Misconceptions About Trafficking and Its Victims

Intercourse, Slavery and the Trafficked girl is a go-to textual content for readers who search a entire review of the that means of 'human trafficking' and present debates and views at the factor. It offers a extra nuanced figuring out of human trafficking and its sufferers through reading - and not easy - the traditional assumptions that sit down on the middle of mainstream techniques to the subject.

Extra resources for Born to Steal: When the Mafia Hit Wall Street

Sample text

He worked in a printing shop. He met Fran Surrobbo, a petite brunette, at a club in Manhattan. They were married five months before Louis was born. It meant Nick couldn’t go to Baruch College, where he had just registered. It meant he would still be a printer when he was past fifty. Tough. He had to do the right thing. FRAN PASCIUTO: “My grandmother, mother, mother-in-law—when they saw Louis their eyes used to sparkle. He never did any wrong in their eyes. Always gave him a lot of attention. Oh, he was tough.

Louis was right. So this tale is as true as it is ugly. The names of the brokerage firms and companies haven’t been changed, and neither have the names of the brokers, their friends, and their favored customers. Only the names of victims, and of Louis’s children and his wife’s family, have been changed. None of the companies whose stocks were traded by Louis and his pals were ever implicated in any wrongdoing. There’s no evidence that the companies, or any of their employees, were aware that their shares were the subject of illegal stock-manipulation schemes.

Strangers, be they burglars or FBI men, were conspicuous. Stefanie was the first to wake from the FBI knocks. She sat up and cursed. More strangers at the door. Over the past few months there had been other predawn knocks. There were a lot of visits by people who didn’t like Louis, or wanted something from him. Once, when she wasn’t there, the visitors had come by car and tried to smash it through the front door of the garage. She had gotten used to that kind of thing, but not used to it so much that she was willing to continue living with Louis.

Download PDF sample

Rated 4.01 of 5 – based on 30 votes