Frank Giovinco was a moneymaker for the Genovese crime family. But where he’s going, the financial opportunities are very limited. On June 22, Giovinco was sentenced in Manhattan federal court to four years in prison, plus three years of supervised release, for acts of racketeering and extortion in the diversion of large sums of funds from Local 1D and 2D of the United Food and Commercial Workers, each based in Brooklyn, to mob-controlled operations. He had been convicted by a jury last December. The secretary-treasurer of Locals 1D and 2D, respectively, Frank Cognetta and Vincent D’Acunto, already had pleaded guilty in March 2019 for their roles. Two prominent Genovese mobsters, Steven Arena and Vincent Esposito, also have been sent packing. The actions follow an investigation by the FBI, the U.S. Department of Labor and the NYPD.
These last few months haven’t been good to the mob-connected former leaders of two Brooklyn, N.Y. affiliates of the United Food and Commercial Workers. One of them, Vincent D’Acunto, head of UFCW Local 2D, was sentenced in August. Now it’s Frank Cognetta’s turn. On September 6, Cognetta, former secretary-treasurer of UFCW Local 1D, was sentenced in Manhattan federal court to two years in prison and three years of supervised release for racketeering conspiracy related to his fleecing the Brooklyn union in return for kickbacks from a benefits consultant. Cognetta, like D’Acunto, had pleaded guilty this March after being indicted in January 2018. The actions follow a probe by the FBI, the NYPD, and the U.S. Labor Department’s Office of Labor-Management Standards and Office of Inspector General.
According to prosecutors, Cognetta, a resident of Staten Island, “engaged in multiple schemes to defraud his union…by, among other things, soliciting and accepting bribes … Read More ➡