Thursday, May 20, 2010

Michael Persico released on $5M bail

Accused racketeer Michael Persico was released May 16 on $5 million bail, according to a story by John Marzulli of the New York Daily News. The 53-year-old son of imprisoned Colombo Crime Family boss Carmine "the Snake" Persico, Michael Persico was charged in Brooklyn federal court March 8 of extorting a construction company into hiring a mob-controlled trucking firm to help remove debris from the site of the 2001 World Trade Center bombing. He pleaded not guilty to the charge. Judge Carol Amon approved the release on several conditions. Persico must wear an electronic monitoring bracelet. He may not leave his Dyker Heights, Brooklyn, home aside from driving his daughters to school. His telephone conversations will be monitored by the FBI. And he is prohibited from contact with a list of underworld figures.

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Editor/publisher of crime history journal, Informer. Publisher of American Mafia history website mafiahistory.us. Moderator of Mafia-related Yahoo discussion group. Author of Wrongly Executed? Coauthor of Deep Water: Joseph P. Macheca and the Birth of the American Mafia and DiCarlo: Buffalo's First Family of Crime. Contributor of American Mafia history to Australian-published Mafia: The Necessary Reference to Organized Crime. Writer/co-writer of crime history articles for Informer, On the Spot Journal, Cigar City Magazine, Tampa Mafia Magazine.