Ex-Mob Boss Reveals Where His Mafia Fortune Went ($33 Million Missing)
Franzese Wines
162,014 views
🍷 Have you tried my wine yet? Visit https://yt-fw.franzesewine.com/
Full video: Millions of Dollars in Foreign Bank Lost!!...
Brought to you by: Michael Franzese Wines
Whenever former Colombo family Caporegime Michael Franzese speaks to audiences worldwide, one question inevitably surfaces above all others: Where is all the money buried? In this video, Michael breaks his silence on what actually happened to the illicit millions generated from his multi-billion-dollar gasoline bootlegging empire. He takes viewers behind the scenes of his complex partnership with Larry Iorizzo—a brilliant, 500-pound operator who helped architect the fuel tax scheme that pulled in upwards of $8 million a week before panic, extravagant spending, and an ill-fated escape to Manuel Noriega's Panama unraveled his operation.
Michael details how federal agents executed an extradition snatch in Panama, bringing Iorizzo into custody where the unbearable thought of a two-foot prison cot immediately flipped him into the government's star witness. When federal prosecutors attempted to use Iorizzo against Michael in a Manhattan courtroom headed by Rudy Giuliani, the defense dismantled his credibility on the stand, forcing a desperate legal standoff over a secret numbered bank account in Austria holding over $33 million. Explaining the true cost of eight years in federal prison, millions in restitution, and the harsh fate of those who chase underworld riches, Michael reveals why criminal fortunes inevitably turn to dust.
0:00 - The 3 Questions I Get Asked All Over the World
0:54 - Larry Iorizzo & The Origins of the $2 Billion Gas Scheme
2:17 - Larry Flees to Panama: The Manuel Noriega Connection
3:39 - Careless Invitations & The Midnight Federal Snatch in Panama
4:24 - The 2-Foot Prison Cot That Created a Star Witness
5:10 - A Desperate Prison Breakout Request at the Brooklyn Courthouse
6:21 - Grossing $8 Million a Week: The True Scope of the Gas Racket
7:45 - The Giuliani Courtroom Showdown: Destroying the Star Witness
8:45 - The Austrian Slush Fund: Splitting the Secret Numbered Account
10:05 - Trading the Account Code: How the $33 Million Vanished
12:44 - The Feds Return $2.5 Million to the Informant
13:08 - Moving to Texas: Larry's Return to Crime and Family Betrayal
14:20 - The Harsh Reality: No One Escapes the Consequences of the Life
16:05 - What Did the Money Actually Gain Me? The Real Cost of Prison
20 Comments
They eliminated the mob to get rid of their competition.
Ex-Mob Boss Reveals Where His Mafia Fortune Went ($33 Million Missing)
Franzese Wines
162,014 views
🍷 Have you tried my wine yet? Visit https://yt-fw.franzesewine.com/
Full video: Millions of Dollars in Foreign Bank Lost!!...
Brought to you by: Michael Franzese Wines
Whenever former Colombo family Caporegime Michael Franzese speaks to audiences worldwide, one question inevitably surfaces above all others: Where is all the money buried? In this video, Michael breaks his silence on what actually happened to the illicit millions generated from his multi-billion-dollar gasoline bootlegging empire. He takes viewers behind the scenes of his complex partnership with Larry Iorizzo—a brilliant, 500-pound operator who helped architect the fuel tax scheme that pulled in upwards of $8 million a week before panic, extravagant spending, and an ill-fated escape to Manuel Noriega's Panama unraveled his operation.
Michael details how federal agents executed an extradition snatch in Panama, bringing Iorizzo into custody where the unbearable thought of a two-foot prison cot immediately flipped him into the government's star witness. When federal prosecutors attempted to use Iorizzo against Michael in a Manhattan courtroom headed by Rudy Giuliani, the defense dismantled his credibility on the stand, forcing a desperate legal standoff over a secret numbered bank account in Austria holding over $33 million. Explaining the true cost of eight years in federal prison, millions in restitution, and the harsh fate of those who chase underworld riches, Michael reveals why criminal fortunes inevitably turn to dust.
0:00 - The 3 Questions I Get Asked All Over the World
0:54 - Larry Iorizzo & The Origins of the $2 Billion Gas Scheme
2:17 - Larry Flees to Panama: The Manuel Noriega Connection
3:39 - Careless Invitations & The Midnight Federal Snatch in Panama
4:24 - The 2-Foot Prison Cot That Created a Star Witness
5:10 - A Desperate Prison Breakout Request at the Brooklyn Courthouse
6:21 - Grossing $8 Million a Week: The True Scope of the Gas Racket
7:45 - The Giuliani Courtroom Showdown: Destroying the Star Witness
8:45 - The Austrian Slush Fund: Splitting the Secret Numbered Account
10:05 - Trading the Account Code: How the $33 Million Vanished
12:44 - The Feds Return $2.5 Million to the Informant
13:08 - Moving to Texas: Larry's Return to Crime and Family Betrayal
14:20 - The Harsh Reality: No One Escapes the Consequences of the Life
16:05 - What Did the Money Actually Gain Me? The Real Cost of Prison