Prison Sentence for 87 Year Old Mafia Capo

Federal authorities announced that Ciro Perrone, 87, a “capo” or captain in the Genovese Organized Crime Family, has been sentenced to five years in prison.

Perrone was convicted by a jury in June 2007 following a two-week trial of all counts against him, including racketeering.

Perrone has been a member of the Genovese Family since at least the 1960s, the feds said.

He was convicted of four separate racketeering acts including operation of a gambling business, loan-sharking conspiracy, and loan-sharking against two victims; RICO conspiracy, conspiracy to make extortionate extensions of credit; and conspiracy to use extortionate means to collect extensions of credit.

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Reputed Genovese Crime Family Members Indicted in Federal Court

Twenty people, including reputed members of the Genovese organized crime family, have been arrested and charged with wide-ranging racketeering counts, the U.S. attorney in Manhattan announced Thursday.

Among the arrested were Matthew Ianniello, an acting Genovese family boss nicknamed "Matty the Horse," and Ciro Perrone, a Genovese capo, said David Kelley, U.S. attorney for the Southern District of New York.

All were charged with labor racketeering, extortion, a large-scale loan-sharking operation and the operation of illegal gambling businesses, according to a statement released by Kelley's office.

Prosecutors accused the defendants of extorting a medical center that rented office space from a transit union, enforcing loans at extortionate rates of interest, and operating illegal card games.

Prosecutors said Ianniello rose to the position of an acting boss of the Genovese family after the imprisonment of longtime boss Vincent "The Chin" Gigante. Perrone took over Ianniello's role as capo, they said.

All defendants were scheduled to be arraigned Thursday afternoon in Manhattan federal court, said Heather Tasker of the U.S. attorney's office.

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