Son of NYC Mob Boss Indicted in Union Shakedown

Vincent Esposito, 50, son of late Genovese family boss Vincent (Chin) Gigante, was one of five mob associates in New York City busted for a long-running shakedown of local unions, Court papers accused the quintet of extortion and accepting illegal kickbacks, while using “threats of economic harm and potential physical violence” to keep the illegal cash flowing.

Vincent Esposito, 50, son of late Genovese family boss Vincent (Chin) Gigante, was one of five mob associates busted for a long-running shakedown of local unions, the New York Daily News reports. Court papers accused the quintet of extortion and accepting illegal kickbacks, while using “threats of economic harm and potential physical violence” to keep the illegal cash flowing.

Esposito is one of Gigante’s three children with long-time mistress Olympia Esposito, who shared a pricey Upper East Side townhouse with the mob boss. Gigante was dubbed the “Oddfather” for his long-running “crazy act,” where he feigned mental illness to avoid prosecution for years. The dodge worked until a 1997 racketeering conviction, and Gigante died behind bars in 2005. The current conspiracy dated to at least 2001 and ran through October 2017, with Esposito and two others allegedly squeezing a labor union official for annual cash payments to keep his job. Threats of physical violence compelled the union big-wig to cough up the yearly tribute, an indictment charges. Esposito became the second of Chin’s sons to land on the wrong side of the law.

from https://thecrimereport.org