Updated news on the Gambino, Genovese, Bonanno, Lucchese and Colombo Organized Crime Families of New York City.

Tuesday, August 11, 2009

Former Mafia loan shark dies in motorcycle crash

A former Mafia loan shark who owned a health-food restaurant after he got out of prison died early yesterday in a motorcycle accident in Staten Island, cops said.

Louis "Bobo" Malpeso Jr., 47, was fatally injured when he lost control of his bike around midnight at Forest and Bruckner avenues in Mariners Harbor, police said.

Malpeso was a former Colombo associate who pleaded guilty in 1996 to shaking down a man over a $100,000 loan. He also admitted manipulating the stock market. He was sentenced to nearly four years in prison for the two crimes.



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