The dark side of the mob. How Michael Franzese, the highest paid Mafia boss since Al Capone, one day decided to walk away from the life.
He eventually helped implement a scheme to defraud the federal government out of gasoline taxes in the early 1980s.
By the age of 35, in 1986, Fortune Magazine listed Franzese as number 18 on its list of the “Fifty Most Wealthy and Powerful Mafia Bosses”. Franzese had claimed that at the height of his career, he generated up to $8 million per week.
In 1986, he was sentenced to 10 years in prison on conspiracy charges, released in 1989, rearrested in 1991 for a parole violation, and ultimately released in 1994. Soon after, he retired to California and is now a motivational speaker and writer.