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Did Scarfo run out of money/ possibly why...
#814160
11/18/14 04:58 AM
11/18/14 04:58 AM
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Joined: Dec 2013
Posts: 865 Uk
Tonytough
OP
ba da bing
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OP
ba da bing
Underboss
Joined: Dec 2013
Posts: 865
Uk
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he couldn't hit Joey Merlino. Well apart from losing most of his guys (jail), once Leonetti flipped, he allegedly got his mum to steal the money that they hid behind a wall.
Then in his book, Phil talked about how before he flipped, his uncle was livid with his "witch" wife who lost a huge amount of money in Vegas
Plus lawyer fees don't come cheap. People always talk about the huge amount of money coming in, but never how much goes out. Scarfo was a huge spender according to the Crow. And would pick up every tab for 30 guys like nothing.
Then factor nicky jr was reporting a lot of people stopped paying the street tax and Merlino was extorting the same people. So not only did his $$ stopped coming in, he lost his stash too.
Knowing Scarfo sr like we do, nicky the crow once said "he had to be going nuts in there (when nicky jr got shot). "
That 500k open contract Scarfo put on Merlino was nonsense just like the open contract on Pistone.
If somebody did whack Merlino and 20 guys turned up to claim they done it, who the heck do u pay. Not that anyone would even pay that absurd amount to get someone whacked. So it was a load of Bs which the media picked up
Now if he was serious about it, surely Scarfo could easily pay someone to get the job done. Which is why I think he didn't have the financial means to. People on these boards claim the mob do not carry out money contracts. But they're greedy fuks, and money talks. Brothers would kill each other over money.
Vic Amuso could only provide nicky jr protection. The only way he would have got Merlino was through Nicky jr and we know that wasn't happening. And yes Nicky Jr did make shit loads of money later on.....
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Re: Did Scarfo run out of money/ possibly why...
[Re: Tonytough]
#814165
11/18/14 05:14 AM
11/18/14 05:14 AM
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Joined: Dec 2013
Posts: 883
Belmont
Underboss
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Underboss
Joined: Dec 2013
Posts: 883
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Scarfo was smart believe it or not, i am fairly certain his son had access to a lot of money. Im quite sure all of his money wasnt buried behind a wall as many assume. As far as being broke, possibly , but does it matter, he will never see the light of day again. The only reason Merlino is around today is him shooting scarfo jr didnt disrupt anyones income. Its all about money. Did scarfo jr getting shot stop anyone from being paid? No.. Also, at the time, no one knew for sure it was merlino . Also, and very important, Merlino went to jail soon after that shooting for an armor truck heist. While he was away, power in philly changed quite a bit and Scarfo Jr was out if philly by then. why did Merlino go to jail? he stole the money from co conspirators. Seems like a pattern.
Last edited by Belmont; 11/18/14 05:47 AM.
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Re: Did Scarfo run out of money/ possibly why...
[Re: Tonytough]
#814497
11/20/14 05:23 AM
11/20/14 05:23 AM
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Joined: Dec 2013
Posts: 883
Belmont
Underboss
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Underboss
Joined: Dec 2013
Posts: 883
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Scarfo made a lot of money, make no mistake about it. when you are tied into unions and construction, you are making serious cash. Scarfo made more money in a day that Merlino made in a year. As i said, Merlino made money by not paying debts, he kept money from that truck heist back in the day as well. He controlled nothing substantial, scarfo did.
Last edited by Belmont; 11/20/14 06:10 AM.
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Re: Did Scarfo run out of money/ possibly why...
[Re: TommyGambino]
#950479
08/17/18 03:13 AM
08/17/18 03:13 AM
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Joined: Aug 2013
Posts: 259
Quiet_Doms
Capo
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Capo
Joined: Aug 2013
Posts: 259
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Philly family never really made that much dough in reality, Scarfo's money was never going to last. I gotta agree. In Phil’s book he said between him and his uncle, they only had about $2.5 million when they were indicted.
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Re: Did Scarfo run out of money/ possibly why...
[Re: Quiet_Doms]
#950481
08/17/18 03:45 AM
08/17/18 03:45 AM
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Joined: Oct 2013
Posts: 5,094
Moe_Tilden
ForeverBotheringIranians
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ForeverBotheringIranians

Joined: Oct 2013
Posts: 5,094
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Philly family never really made that much dough in reality, Scarfo's money was never going to last. I gotta agree. In Phil’s book he said between him and his uncle, they only had about $2.5 million when they were indicted. He could be playing down the amount of money he has so the government doesn't take it away.
I invoke my right under the 5th amendment of the United States constitution and decline to answer the question.
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Re: Did Scarfo run out of money/ possibly why...
[Re: Tonytough]
#950484
08/17/18 06:58 AM
08/17/18 06:58 AM
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Joined: Nov 2010
Posts: 7,499 naples,italy
furio_from_naples
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Joined: Nov 2010
Posts: 7,499
naples,italy
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he couldn't hit Joey Merlino. Well apart from losing most of his guys (jail), once Leonetti flipped, he allegedly got his mum to steal the money that they hid behind a wall.
Then in his book, Phil talked about how before he flipped, his uncle was livid with his "witch" wife who lost a huge amount of money in Vegas
Plus lawyer fees don't come cheap. People always talk about the huge amount of money coming in, but never how much goes out. Scarfo was a huge spender according to the Crow. And would pick up every tab for 30 guys like nothing.
Then factor nicky jr was reporting a lot of people stopped paying the street tax and Merlino was extorting the same people. So not only did his $$ stopped coming in, he lost his stash too.
Knowing Scarfo sr like we do, nicky the crow once said "he had to be going nuts in there (when nicky jr got shot). "
That 500k open contract Scarfo put on Merlino was nonsense just like the open contract on Pistone.
If somebody did whack Merlino and 20 guys turned up to claim they done it, who the heck do u pay. Not that anyone would even pay that absurd amount to get someone whacked. So it was a load of Bs which the media picked up
Now if he was serious about it, surely Scarfo could easily pay someone to get the job done. Which is why I think he didn't have the financial means to. People on these boards claim the mob do not carry out money contracts. But they're greedy fuks, and money talks. Brothers would kill each other over money.
Vic Amuso could only provide nicky jr protection. The only way he would have got Merlino was through Nicky jr and we know that wasn't happening. And yes Nicky Jr did make shit loads of money later on.....
Leonetti said in his book Mob Prince that Nicky Sr had 3 milions in cash hidden in his apartment wall; he could easly give them to a trusted people and later put a hit on Merlino that survived a dozen of attempts because had many men under hum while Pistone was a fed and only an idiot would try to kill a fed famous like Pistone.In 1989 when Nicky jr was almosr killed the situation was changed because more people hated Scarfo because him many made men flipped for the fear to be killed or because the long sentences,so Nicky jr was alone and Stanfa in 1992 made Joey and another his men for absorb the merlino faction.
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