A mob turncoat spilled the beans today on his former employer -- saying the geriatric Colombo underboss on trial for racketeering loved collecting high interest on loans he doled out.
Guy Fatato, a former mobster-turned-informant, said Colombo crime family underboss John "Sonny" Franzese once collected a huge vig on a $30,000 gambling debt he had handed out.
"It's like Social Security for the mobster crowd [who make] these loans with high-interest payments," Fatato said in a recording played before a Brooklyn federal court jury today.
Thursday, June 17, 2010
Collecting on loans was like 'Social Security payments' for aging mobster: turncoat
The New York Post reports:
