World Library  
Flag as Inappropriate
Email this Article

Rosario Gangi

Article Id: WHEBN0008582413
Reproduction Date:

Title: Rosario Gangi  
Author: World Heritage Encyclopedia
Language: English
Subject: Genovese crime family, List of Italian-American mobsters, Joseph Lanza, Thomas Pitera, Joseph Galizia, Carmine Romano
Publisher: World Heritage Encyclopedia

Rosario Gangi

Rosario Gangi
Born (1939-11-10) November 10, 1939 (age 74)

Rosario "Ross" Gangi (born November 10, 1939) is a New York City mobster and captain in the Genovese crime family who became involved in labor racketeering and white collar crime.


His father, uncles and cousins were associated with the Bonanno and Genovese crime families. His uncle Angelo Prezzanzano was a capo in the Bonanno crime family and his cousin Frank Gangi Jr. and uncle Frank Gangi Sr. were both drug dealers. His cousin Pasquale Fuca, a nephew to Angelo, was involved in the French Connection drug smuggling ring. In August of 1960, Rosario's paternal uncle Frank Sr. was murdered in a mob-related incident that involved Sicilian hit men being brought down from Montreal, Canada to kill Frank Tuminaro and Gangi Sr. It was suspected the murders were carried out by Genovese mobster Charles Gagliodotto, who in August of 1969 was found strangled to death, supposedly by members of Tuminaro's family.

Fish tycoon

As a Genovese family associate, Gangi began working at the Fulton Fish Market in Lower Manhattan. Genovese mobster Carmine Romano controlled the $1 billion per year seafood industry at the market. On August 13, 1981, Gangi was indicted on federal racketeering charges involving the Fish Market and Local 359 of the United Seafood Workers Union, which represented the market's unionized fish handlers. In the early 1990s, Gangi became a caporegime in the Genovese family and ran the fish rackets with Brooklyn captain Alphonse "Allie Shades" Malangone. During the mid-1990s, Gangi's son Thomas Gangi came under fire as an officer of Preferred Quality Seafood, a seafood wholesaler. The company was later evicted from the Fish Market due to its noncompliance with the probe on mob control of the market.[1]

During the mid-1990s, Gangi discovered a large-scale surveillance campaign by the Federal Bureau of Investigation and New York Police Department (NYPD) against the Genovese family. Since boss John Gotti had gone to prison the last time, the family had assumed a lower-key public image and become more security-conscious to prevent its high-level members from serving long prison terms.

Criminal schemes

On November 25, 1997, Gangi, his top soldier Ernest Montevecchi, and Bonanno crime family captain Frank Lino were indicted in a massive stock fraud and manipulation indictment. The scheme was a classic "pump and dump" stock scam. The mobsters acquired a large position in the stock of HealthTech International Inc., a Mesa, Arizona, health and fitness firm that was traded on the NASDAQ Stock Exchange. Tens of thousands of shares were given to the mobsters by top HealthTech officials Gordon Hall and Joe Kirkham. The crime families then bribed and threatened brokers at the Wall Street firm of Meyers Pollock Robins Inc., to sell the stock to unsuspecting investors. Once the stock price reached an inflated level, the mobsters sold their shares and made huge profits, leaving individual investors with worthless stock. The indictment also alleged that the mobsters conspired to defraud the Staten Island Savings Bank in Staten Island, New York, and Sun Records, a famous recording label in Memphis, Tennessee.[2][3]

On February 17, 1998, Gangi, Genovese associate John Albert, and Gambino crime family soldier Vincent DiModica were indicted for extorting contractors and scheming to defraud the Port Authority of New York and New Jersey, which operates Newark International Airport. Gangi received kickbacks, disguised as consulting fees, from companies constructing the $350 million monorail network at the airport. On July 27, 1998, Gangi, Albert and DiModica, were convicted on the Newark Airport charges. On January 21, 1999, Gangi pleaded guilty to his involvement in the HealthTech case and was sentenced to a 97-month prison term.

On December 5, 2001, Gangi and Genovese captains Pasquale Parrello and Joseph Dente, Jr. were charged with extortion, robbery conspiracy, gun trafficking, loan sharking, labor racketeering and embezzlement, credit card fraud, trafficking in untaxed liquor and cigarettes, gambling and counterfeiting.[4][5] The indictment was the result of the undercover work of an NYPD officer who operated under the moniker "Big Frankie". This undercover officer, who was actually being considered for family membership, would often eat lunch with Parrello. On April 30, 2002, Gangi pleaded guilty to racketeering in the 2001 charges and was sentenced to 78 months in prison.[6]

Gangi was imprisoned at the Federal Correctional Institution - Schuylkill in Minersville, Pennsylvania. He was released on August 8, 2008.[7]

See also

Further reading

  • Capeci, Jerry. The Complete Idiot's Guide to the Mafia. Indianapolis: Alpha Books, 2002. ISBN 0-02-864225-2
  • Jacobs, James B., Coleen Friel and Robert Radick. Gotham Unbound: How New York City Was Liberated from the Grip of Organized Crime. New York: NYU Press, 2001. ISBN 0-8147-4247-5
  • Raab, Selwyn. Five Families: The Rise, Decline, and Resurgence of America's Most Powerful Mafia Empires. New York: St. Martin Press, 2005. ISBN 0-312-30094-8


Template:Genovese crime family
This article was sourced from Creative Commons Attribution-ShareAlike License; additional terms may apply. World Heritage Encyclopedia content is assembled from numerous content providers, Open Access Publishing, and in compliance with The Fair Access to Science and Technology Research Act (FASTR), Wikimedia Foundation, Inc., Public Library of Science, The Encyclopedia of Life, Open Book Publishers (OBP), PubMed, U.S. National Library of Medicine, National Center for Biotechnology Information, U.S. National Library of Medicine, National Institutes of Health (NIH), U.S. Department of Health & Human Services, and, which sources content from all federal, state, local, tribal, and territorial government publication portals (.gov, .mil, .edu). Funding for and content contributors is made possible from the U.S. Congress, E-Government Act of 2002.
Crowd sourced content that is contributed to World Heritage Encyclopedia is peer reviewed and edited by our editorial staff to ensure quality scholarly research articles.
By using this site, you agree to the Terms of Use and Privacy Policy. World Heritage Encyclopedia™ is a registered trademark of the World Public Library Association, a non-profit organization.

Copyright © World Library Foundation. All rights reserved. eBooks from Project Gutenberg are sponsored by the World Library Foundation,
a 501c(4) Member's Support Non-Profit Organization, and is NOT affiliated with any governmental agency or department.