Albert J. Facchiano (b. March 10, 1910), known as "Chink" or "the Old Man", is a Miami mobster who was involved in loansharking and extortion in South Florida. March 10 is the 69th day of the year (70th in leap years) in the Gregorian calendar. ... Year 1910 (MCMX) was a common year starting on Saturday (link will display calendar) of the Gregorian calendar (or a common year starting on Friday [1] of the 13-day-slower Julian calendar). ... This article is about the city in Florida. ... Usury (from the Latin usus meaning used) was defined originally as charging a fee for the use of money. ... Extortion is a criminal offense, which occurs when a person either obtains money, property or services from another through coercion or intimidation or threatens one with physical harm unless they are paid money or property. ... Location of metropolitan area in the state of Florida Major cities Miami, Florida Fort Lauderdale, Florida West Palm Beach, Florida Area  - Total  - Water 15,896 km² (6,137 mi²) 2,621 km² (1,011 mi²) 16. ...

Background

A longtime underworld figure, Facchiano oversaw armed robberies, money laundering, bank fraud and other criminal activities for the Genovese crime family for nearly nearly 60 years. Although considered a "low-level figure" by the FBI, Facchiano has an extensive arrest record dating back to 1932. Money laundering is the practice of engaging in financial transactions in order to conceal the identity, source and destination of the money in question. ... Bank fraud is a federal crime in many countries, defined as planning to obtain property or money from any federally insured financial institution. ... The Genovese crime family is one of the Five Families that controls organized crime activities in New York City, USA, within the nationwide criminal phenomenon known as the Mafia (or Cosa Nostra). ...

Federal Investigation

In the 1970's, Facchiano became involved in an investigation of then U.S. Secretary of Labor Raymond J. Donovan and his ties to organized crime. According to investigator Leon Silverman, Facchiano and William Maselli met with Donovan in January 1979 to discuss setting up "no show" jobs at Schiavoni Construction sites near Miami. Fiachiano, who had been in serving a prison sentence in Alabama for loansharking, was overlooked by Silverman during the first phase of his investigation. ^[1] In 1987, Donavan went on trial for larceny, but was acquitted. In 1979, Facchino was sentenced to 25 years in prison for federal racketeering charges, of which he served eight years. The United States Secretary of Labor is the head of the United States Department of Labor. ... Raymond J. Donovan (August 31, 1930-) is an American politician and former federal office-holder. ... Absenteeism is a habitual pattern of absence from a duty or obligation. ... This article is about the city in Florida. ... This article is about the U.S. State. ... Usury (from the Latin usus meaning used) was defined originally as charging a fee for the use of money. ...

Geriatric Gangster

In February 2007, at the age of 96, Facchiano pleaded guilty in Ft. Lauderdale, Florida, court to witness tampering and racketeering charges. On June 4th, 2007, Facchiano was sentenced to six months probation due to his poor health. At the sentencing, Facchiano told the judge that he was “sorry” for his crimes. He said he “would never get mixed up anymore” and his “days in organized crime are over”. Fort Lauderdale, known as the Venice of America, is a city located in Broward County, Florida. ... Talking to a witness, hoping for them to lie about what really happened ...

References

1. ^ Greenberg, Gerald S. Historical Encyclopedia of U.S. Independent Counsel Investigations. Westport, Connecticut: Greenwood Press, 2000. (pg. 106) ISBN 0-313-30735-0

External links

• St. Petersburg Times: Mobster, 96, admits guilt but might avoid prison
• Albert "The Old Man" Facchiano gets 6 months of house arrest
• Gangsters Inc. - Elderly Mobsters Ran Florida by David Amoruso
• Legal Humor.com: Lucky Facchiano