John Porcello and Ronald Seebeck are accused of working a mortgage sharking scheme for 5 years.
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He wished the dough.
Reputed Genovese crime household affiliate John “Johnny Pizza” Porcello was indicted in Brooklyn federal courtroom this week for working an unlawful sports activities betting ring and overseeing a mortgage sharking racket, in response to courtroom paperwork unsealed Thursday.
Porcello, 59, raked within the cheese with co-defendant Ronald Seebeck, 56, within the loansharking scheme from September 2016 by August 2021, federal prosecutors charged.
The pair additionally ran a sports activities playing ring of a minimum of 5 individuals from 2020 by 2021 that produced greater than $2,000 in income on a given day, the indictment states.
Porcello, of Yonkers, and Seebeck, of Tuckahoe, each pleaded not responsible at their arraignments in Brooklyn federal courtroom and have been launched on bond, a spokesperson for the US Legal professional’s Workplace mentioned.
If convicted, they face a most of 20 years in jail on the mortgage sharking cost and 5 years for the playing ring.
Porcello, who beforehand owned a pizzeria within the Bronx, was busted by the feds in 2011 as a part of what was billed on the time as the most important mob bust in US historical past.
The pizzaman was rounded up with 13 fellow wiseguys linked to the Genovese household that yr, together with a number of mobsters within the household’s management.
Porcello copped to at least one mortgage sharking conspiracy depend and was sentenced to 13 months in jail, in response to courtroom information.
Attorneys for Porcello and Seebeck didn't instantly return request for remark.
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