
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.
The personality of Frank Giovinco, now 52, a resident of Syosset, N.Y., if … Read More ➡