U.S. District Judge James B. Zagel yesterday sentenced reputed Chicago mobster Nicholas Ferriola (right), 33, to three years in prison for racketeering, gambling and extortion, according to reports published by CBS-2 Chicago and the Chicago Tribune. Ferriola was also ordered to forfeit more than $9 million and to pay a fine of $6,000.Ferriola, a defendant in the Family Secrets case, pleaded guilty on the eve of trial. He admitted to regularly collecting a "street tax" payment from a pizza restaurant and to operating a gambling racket that generated $160,000 a month in profits. The "street tax" was a protection racket reportedly run by Frank Calabrese Sr. Prosecutors described Calabrese as Ferriola's mentor.
Ferriola's father, Joseph, was a leader in the Chicago Outfit, according to Steve Warmbir of the Sun-Times.
No comments:
Post a Comment