By Gary Weiss
This is often the genuine tale of Staten Island badboy Louis Pasciuto's meteoric upward thrust to the pinnacle of Wall Street's infamous chop homes - by way of the award-winning journalist who broke it. Hood agents. per 30 days million buck paychecks. Thirty-six hour cocaine binges. "Rocky" themed pep rallies. Run-ins with Mafia thugs toting Mac 10 computing device pistols. This used to be the lifetime of Louis Pasciuto, a quick conversing Staten Island child who, from the age of nineteen to twenty-five, moved shares for 17 assorted brokerage homes - more often than not and not using a pretend license. This inside of account of the Mafia's infiltration of Wall highway information Louis' occupation because the consummate liar, promoting phantom shares to naive americans and major a way of life important of Caligula. to prevent a protracted legal sentence, Pasciuto finally grew to become kingdom witness. Now, Gary Weiss stocks the interior tale of Wall Street's infamous "chop houses", most sensible referred to as the crooked Mob-run brokerages, the place rampant thievery netted a number of billion funds from gullible traders
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Additional info for Born to Steal: When the Mafia Hit Wall Street
Louis went to Arizona to steal from Joe Welch just a couple of months before he was arrested. He went to steal but not to rob. There is a difference. A robber uses a gun. Louis never used a gun when he stole. He didn’t have to. Joe Welch lived in northeast Tucson, on a side road off a side road off a side road. A dirt road. Since this was the desert Southwest, the street where he lived had a weird-sounding name—Tonolea Trail. When Louis heard it he thought he had misunderstood. Tana-what? Tana-lay?
Louis never laid a hand on Stefanie. But to Charlie he was a wife and he was abused and fucked. Louis didn’t take it personally. That’s how Guys were. They got into a relationship with you. They weren’t policemen for crooks—the media got it all wrong. They didn’t need psychologists, like the TV mobsters. They were psychologists. They burrowed into your mind. Louis could not forget the Guys if he tried, even if he tried as hard as the feds wanted him to remember. But he couldn’t recall all the places he had worked.
That was why he paid Charlie. Charlie was a problem-solver. Of course, the other reason he paid Charlie was that Charlie was a problem-creator as well. Louis grinned as the FBI tape recorder began humming and Charlie began screaming. Taping Charlie as he screamed was a labor of love. Charlie loved to scream. When Louis was arrested, the idea of not hearing Charlie scream, of being in a position to not see Charlie’s phone number in his pager, gave him a feeling of serenity. His hatred of Charlie was combined with another emotion.