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What Businesses Does Michael Franzese Own? A Look At His Post-Mafia Ventures

What businesses does Michael Franzese own?

Michael Franzese was a successful businessman, even though his success was built on illegal activities. He owned a variety of businesses, including car dealerships, nightclubs, a contractor company, a Lear jet and helicopter, movie production companies, and a sports agency. These businesses generated a lot of income for him, which allowed him to live a luxurious lifestyle. His success attracted the attention of the FBI, which formed a task force dedicated to investigating him.

Let’s take a closer look at some of Franzese’s business ventures:

Car dealerships: Franzese owned several car dealerships. These dealerships were used to launder money and to sell stolen cars.
Nightclubs: Franzese owned several nightclubs, which were used to generate income and to provide a place for him to socialize with other criminals.
A contractor company: Franzese’s contractor company was used to bid on government contracts, which he would then use to further his criminal activities.
A Lear jet and helicopter: Franzese owned a Lear jet and a helicopter. These vehicles were used to travel to different cities for business and to transport illegal goods.
Movie production companies: Franzese’s movie production companies were used to launder money and to provide a cover for his criminal activities.
Insurance frauds: Franzese was involved in insurance frauds. He would stage accidents or claim losses on vehicles that were never actually damaged.
A loanshark operation: Franzese ran a loanshark operation. He would lend money to people at extremely high interest rates and then use violence to collect on the debts.
A sports agency: Franzese owned a sports agency that represented professional athletes. The agency was used to launder money and to control athletes who were involved in criminal activities.

These businesses were all part of a larger criminal enterprise that Franzese ran. He used these businesses to generate income, launder money, and to provide a cover for his illegal activities. He eventually turned his life around and became a successful author and speaker, but his past was a testament to the power of organized crime.

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