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What Was Michael Franzese Doing? From Mobster To Minister

What was Michael Franzese doing?

Michael Franzese was a successful businessman, generating a significant income through a gasoline bootlegging scheme involving the Russian Mafia. He was making an estimated $5 to $8 million per week at the peak of his operation. This success allowed him to navigate a challenging environment, including multiple grand jury appearances, three state indictments, two federal racketeering trials, eight years in prison, and even a Mafia death sentence.

Franzese’s bootlegging operation was highly sophisticated. He created a network of gas stations across the United States, with an extensive chain of supply that allowed him to purchase gasoline at a discounted rate. He then sold this gasoline at a marked-up price, generating enormous profits. The Russian Mafia played a key role in this operation, providing protection and ensuring a smooth flow of goods. Franzese’s success, however, came at a cost. His involvement with the Mafia brought significant risks, and he faced constant threats to his life. Despite the dangers, he managed to escape serious consequences for a significant period of time, demonstrating his skills in maneuvering through the underworld.

The gasoline bootlegging scheme was just one facet of Franzese’s business empire. He was also involved in a range of other criminal activities, including loan sharking, gambling, and extortion. His wealth and influence allowed him to operate with impunity for many years, but ultimately his success attracted unwanted attention from law enforcement. Franzese’s rise and fall is a fascinating story of ambition, power, and the dangerous world of organized crime.

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