JoJo Corozzo reaches plea deal

Federal prosecutors on June 6 dropped drug-trafficking charges against the reputed consigliere of the Gambino Crime Family and permitted him to plead guilty instead to an extortion charge, according to a story by John Marzulli of the New York Daily News.

Joseph "JoJo" Corozzo (right), 66, reached the plea deal in New York shortly after his brother, Nicholas Corozzo, turned himself in to authorities at the end of May. Authorities believe Nicholas is a leader of the Gambino clan. He is charged with extorting money from construction companies, running illegal gambling and ordering a 1996 mob hit in which an innocent bystander was killed. Prosecutors labeled Nicholas a fugitive from justice after February raids against suspected Gambino members and associates.

Joseph Corozzo admitted extorting money from a Staten Island cement company. He could be sentenced to as little as 37 months in prison for the offense. The dismissed drug-trafficking charges carried the possibility of life in prison.