By Gary Weiss
This can be the genuine tale of Staten Island badboy Louis Pasciuto's meteoric upward push to the pinnacle of Wall Street's infamous chop homes - by means of the award-winning journalist who broke it. Hood agents. per thirty days million greenback paychecks. Thirty-six hour cocaine binges. "Rocky" themed pep rallies. Run-ins with Mafia thugs toting Mac 10 computer 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 diversified brokerage homes - as a rule with out a faux license. This within account of the Mafia's infiltration of Wall road info Louis' occupation because the consummate liar, promoting phantom shares to naive americans and top a life-style important of Caligula. to prevent an extended felony sentence, Pasciuto finally grew to become country witness. Now, Gary Weiss stocks the interior tale of Wall Street's infamous "chop houses", top referred to as the crooked Mob-run brokerages, the place rampant thievery netted a number of billion cash from gullible traders
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Extra resources for Born to Steal: When the Mafia Hit Wall Street
Stefanie took his call once. She was okay. The baby was okay. But she was struggling. Nobody was sending her money. One of his so-called friends, Armando, had promised to give her money. She waited, with the baby, at a shopping mall on Staten Island. He stood her up and she waited for an hour like a teenager on a first date at some fucking cineplex. Now Stefanie wasn’t taking his calls anymore. Charlie was pissed. The FBI was pissed. The FBI had knocked on his door just before dawn on October 20, 1999.
They’d knock Louis out. Blue shoes. Yellow shoes. On a scrub they’d look moronic. But they looked cool on Roy. And he was a down-to-earth guy, no stuffed shirt. When he came by for gas they would joke around, usually about how Roy would never let Louis fill the tank for him. Still, it annoyed Louis. So one day he challenged Roy on that issue. There was no need for this. He could be trusted with the nozzle. Hell, he could be trusted, period. Ask anybody. Louis liked his job. It was boring, though, particularly when he had to work night shift.
Not arrogant. He was a New York broker but he didn’t act the part. Strangers quickly noticed the taste so evident in his tailored Armani suits, his clean-cut appearance, his manners. In moments of greenback-driven passion at some of the firms where he had worked, Louis would tear off his shirt, revealing a muscular back covered with a panoply of tattoos, with “Native New Yorker” in Old English lettering and an ebullient, sprawling dragon covering the left shoulder. But the tattoos were well hidden under his $300 Hugo Boss shirts, with “LAP” on the cuff.