Allie Persico could get new trial

Alphonse "Allie Boy" Persico (left), the Colombo Crime Family boss convicted late last year of ordering the death of William "Wild Bill" Cutolo, could be given a new trial, according to a story by John Marzulli of the New York Daily News.

The new trial is under consideration because a key prosecution witness might have lied. Cutolo's widow, Marguerite Cutolo, testified that federal agents allowed her to keep $1.6 million in cash that her husband, the Colombo Family underboss, stashed around their Staten Island NY home.

There appears to be no official documentation supporting her claim about the money. If prosecutors are unable to resolve the discrepancy, a new trial might be ordered.