Born to Steal: When the Mafia Hit Wall Street (30 page)

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Authors: Gary R. Weiss

Tags: #Biography & Autobiography, #True Crime, #General, #Criminals & Outlaws, #Biography, #Business, #Business & Economics, #Murder, #Organized crime, #Serial Killers, #Corporate & Business History, #New York, #New York (State), #Investments & Securities, #Mafia, #Securities industry, #Stockbrokers, #Wall Street (New York; N.Y.), #Wall Street, #Mafia - New York (State) - New York, #Securities fraud, #BUS000000, #Stockbrokers - New York (State) - New York, #Securities fraud - New York (State) - New York, #Pasciuto; Louis

BOOK: Born to Steal: When the Mafia Hit Wall Street
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That was how it worked. You did what you had to do to pay Guys, and the Guys were supposed to help you in a Guy kind of way.
Those Guys paid other Guys. They weren’t welfare workers. They weren’t policemen. They weren’t Godfathers. They weren’t “Fathers”—that
was the word the old-time boss Joe Bonanno used, in his modestly named autobiography
Man of Honor
. Guys didn’t do “favors.” Those were pipe dreams, for the scrubs and the saps. On the Real Wall Street and in Corporate America,
it would be called spin—PR. Guys had the greatest PR.

Louis realized he was facing a situation in which Charlie was not going to sit back passively and wait for his share. He was
going to get his money, and he was not going to tolerate any delay. After the dumb trip to Fort Worth, Charlie made clear
to Louis the kind of thing that was going to happen if there was a delay.

“After Fort Worth I met him at the pizzeria. I was telling him about the money from Nationwide, how I couldn’t get it. I was
rambling and rambling. He was quiet, then he goes, ‘I don’t want to fucking hear it,’ and he smacked me. Smack. And that was
it.

“Before he did that, I’m thinking to myself, ‘Wow. I’m the Man. I got the money. I got the Guy. I got the world by the balls.’
Nobody’s going to treat me disrespectful, because nobody did. And then he just killed that whole thing. I left there thinking
like, ‘What’s this happening?’ Now I felt like crawling out under the door.”

What right did Charlie have, smacking him like that? Louis felt like killing him. Louis had a gun at home—he needed it, he
carried around so much money—and he felt like taking it to Brooklyn and killing Charlie with it. But then, once the rage subsided,
Louis had a second thought. Charlie had been nice to him when they last went out, a few nights before. Charlie had been to
his home a few times. They were friends. Sure, he came up to the house to borrow Louis’s Mercedes so he could use it for the
weekend, and drop off his cruddy old Caddy in its place. Sure, he had a bad temper, but that’s what Guys like him were like.
They could still make good money together. Besides, it wasn’t a hard smack. It didn’t leave a welt and was more embarrassing
than anything else, or would have been if anybody was around. It happened out by the kitchen. Nobody saw it.

So Louis decided to forget about the smack. There were more important things going on in his life, after all. He was moving
to another firm. Getting married.

CHAPTER THIRTY-THREE

Louis was back in Staten Island now. He was living in a town-house down by Tottenville, in a subdivision. It was a suitable
place for a young couple to enjoy a blissful marriage.

Two nights before his wedding, Louis was at his new house with Stefanie, two others friends, and Sally Leads. Stefanie and
the friends left. Louis went outside with Sal to move the cars. Sal put the Mercedes into the driveway and went back inside.
Louis parked his truck.

“Freeze!”

Six guys with guns. They were wearing masks.

“Get in the fucking house!”

Louis thought it was a joke at first. “What are you talking about? Get out of here.” One of the guys in the masks walked over
to him and punched him in the face.

Louis fell on the ground and grabbed on to a tree in the front of the house. Five guys were stomping him, beating the shit
out of him. They pulled him free of the tree. Louis yelled for help. But it was three o’clock in the morning, and this was
a neighborhood where people minded their own business.

After dragging Louis into the house, two of them pinned him against the wall, while a third gave Louis a few hard socks in
the left eye.

“Then they drag me upstairs, and meanwhile I’m spitting at them, telling them, ‘You’re dead tomorrow!’ They take me upstairs,
and Sally Leads is sleeping and so’s my friend Carl. So they smack Sally Leads in the face, because he don’t hear what’s going
on outside. Dumb bastard. I’m getting beat up all over the place, and he’s sleeping! Five minutes after he parks the car,
he’s sleeping.

“They tie him up. Put his head in the toilet bowl. They got one guy with him, keeping his head in the toilet bowl. They got
one guy downstairs and the other four guys take me upstairs to the third floor. Carl’s still asleep. They kick him to wake
him up.”

Everything was happening fast. One of the robbers had a police radio, and Louis could hear it crackling in the background.

“On the way upstairs, one of them says, ‘Where’s your watch?’ I’m saying to myself, ‘How did they know about my watch?’ So
I say, ‘What are you talking about? I don’t have no fucking watch.’ He goes, ‘Where’s your fucking watch?’ And they’re smacking
me and shit. So I tell them it’s on the kitchen table.

“They drag me upstairs and say, ‘Let’s go to the safe.’ And I’m thinking, ‘How do these fucking guys know about the safe?’
It’s ridiculous. So they take me upstairs. They throw me on the floor in front of my safe. They put me on my knees. There’s
two guys pointing guns at my head. ‘Open up the fucking safe!’ I had money in the safe. I didn’t want to open up the safe.
Fuck these kids. Meanwhile, they’re kicking Carl in the head. Carl goes, ‘Louie, open up the safe!’ I go, ‘I’m not opening
up the fucking safe.’ Then the big kid comes up to me and sticks the gun right in my face, cocks it. He’s going to shoot me
by accident, this fuck. I opened it.”

The safe held $12,000 in cash and a gun, a 9mm Glock. His watch was a solid gold Omega. Custom-made. Had an extra dial. It
was awesome.

“So they take the cash. And this fucking guy, this big guy stands me up and goes, ‘Where’s the rest of the fucking money?’
I say, ‘There is no money.’ I say, ‘You came on a bad day. Come back next week, I’ll have more money.’ That’s exactly what
I said.

“The guy says, ‘Want to be a fucking cocksucker?’ He grabs a screwdriver. Like an asshole I got a screwdriver laying around.
He grabs the screwdriver, puts it point-down on the top of my head. Says, ‘I’m gonna drive this fucking thing right through
your head!’ I say, ‘Go ahead. I ain’t got no more money. It’s over. Take what you got and go. You’re dead.’

“I start that shit again, and one of the kids’s on the CB, listening to the police band. He goes, ‘Five-oh.’ They scatter
now. They leave, except this one kid stays behind, and he goes, ‘Give me that fucking ring!’ I got this ring from my grandfather.
Has a diamond in it. I say, ‘I’m not giving you the fucking ring!’ He tries to take the ring off my finger. I say, ‘You got
to cut the finger off. It’s my grandfather’s ring. It’s not worth nothing. It’s sentimental.’ Then he smacked me again and
left.

“Carl gets up now. He runs to the back of the house, kicks the screen out of the window. He wanted to see if maybe he could
jump down from the second floor and catch them. We were going to chase them now. I go down the stairs, get two knives out
of the kitchen, and go running out the front door. I got two knives in my hands and I’m bleeding.

“‘Freeze!’

“It’s the cops. I go, ‘No, no, no, get the fucking car! They just left.’ A cop says, ‘Put the fucking knives down!’ So I put
the knives down and tell them I got robbed. Blah blah blah. They take me upstairs. Detectives come. I call my father-in-law.
He comes down. Talks to the detectives. He got me out of the gun problem. It’s an unregistered gun. It was left in my backyard.
My fingerprints were all over it. So my father-in-law explains I have it in the house because I’m getting death threats and
stuff like that. I got out of it. They didn’t even write the gun down. They left the gun there.

“I looked for these kids. I found out where my watch got sold. They only got seven thousand for the watch. My friend Ronnie
dealt with a jeweler who bought it, and it was my watch. He could have said who did it, but he wouldn’t. I didn’t tell the
cops about that. I called the cops a month later and they had nothing. I figure they had no clues. The kids were wearing gloves,
big work gloves.”

Charlie was upset. He told Louis, “Let’s find out who did it. I’ll keep my ears open.”

Charlie knew about the safe.

Louis remembered what Charlie had said about the “hostage situation” on Long Island, way back in the 1980s. “I knew he did
a home robbery,” said Louis. “It crossed my mind. Everybody crossed my mind. But I never suspected Charlie might have been
behind it.”

Louis never found out who robbed his house. In any event, he soon had more important things to worry about.

CHAPTER THIRTY-FOUR

Fade in on a wedding album swirling in space, as a male vocalist sings “If You Say My Eyes Are Beautiful.”

The album opens.

Louis and Stefanie are walking, slow-mo, into the picture, as the song continues.

“You could say that I am a dreamer”

They kiss.

“who had a dream come true”

Bright-green titles are superimposed.

A PELICAN VIDEO PRODUCTION

STEFANIE AND LOUIS’ WEDDING

SATURDAY, APRIL 27, 1996

A montage of freeze frames:

The wedding party arrives at the church in white stretch limousines.

The procession down the aisle. Stefanie and Louis: Stefanie smiling, radiant, glorious. Louis smiling weakly, hesitantly.
His left eye is puffy, the flesh surrounding it a bluish black.

The soundtrack switches to a female vocalist singing “The Chapel of Love.”

More frames: Louis is “goin’ to the chapel.” Goin’ to do you-know-what.

Nervous, a little distracted, as he recites the vows.

Stefanie, calm and serene.

George Donohue is best man.

Those bells are going to ring, says the song.

Stills of the catering hall.

That sun is going to shine, the song goes on.

Louis and Stefanie are dancing.

Charlie and Louis at the reception.

Charlie is deeply, evenly tanned, his gray Armani double-breasted suit razor-creased. His hand is on Louis’s shoulder. Both
are smiling, Charlie tightly, Louis broadly, as if they could hear the song:

…I’ll be his
and he’ll be mine…
.

They’ll love until the end of time, maybe. Maybe not love but something better. And one thing was for sure. He didn’t need
the song to tell him this.

Louis would
never be lonely anymore
.

Another frame. Louis is relaxed, hands clasped in front of him in a gesture of triumph, maybe. Happiness. Success. Behind
him, Charlie is beaming.

The freeze frames end and the video begins. Real sounds now. The guests arriving on a breezy, chilly day. The bridesmaids
are Stefanie’s friends; the ushers are Louis’s—the beefy, boyish Benny, followed by a gawky Sally Leads.

Stefanie’s parents are dignified and Middle American.

Louis’s parents are exuberant, his mother cherubic, his father black-haired and mustached, youthful.

Louis is nervously chewing gum as he arrives at the catering hall, but he is more relaxed as the evening goes on, toward the
end of the ninety-five-minute tape. He is in his element now, partying, horsing around with Charlie and his friends from Staten
Island.

“I got a little song for Louie personally,” says Stuttering John, bearded and disheveled, strumming an electric guitar. “This
one’s coming from Marco Fiore, personally wanted me to say this.”

He sings to the tune of “Louie Louie.”

“Louie got to tell you you’re a real cool dude.

I don’t want this to sound so rude.

But the chef’s really pissed and I’ll tell you why.

It took a thousand steaks to cover up your eye!

Louie Louie”

He doesn’t stutter, not even once.

Now a great day, a great wedding, a great party is coming to an end. It had been a very American wedding, with no tarantellas,
no Irish jigs. Louis and Stefanie are dancing, surrounded by their friends and family, who have formed a circle around them.

The camera shows the newlyweds and then moves down the line of people facing them—the misty-eyed parents and beaming relatives
and friends, young and old, swaying to the dance music.

Benny mugging for the camera.

Marco prancing.

Frank Coppa, Jr., reserved and nondescript, self-conscious when the camera finds him.

Charlie, Bengal-tan, smiling, with his arms around his blond and wholesome-looking girlfriend.

The band is playing “That’s What Friends Are For.”

The video ends with Stefanie, Louis, and the wedding party climbing into their white stretch limousine and driving off.

FADE OUT.

It was cool how Stuttering John sang at his wedding and goofed on his black eye. Everybody was talking about it for months
afterward. Stuttering John, that is. Definitely the highlight of the wedding. John sat at the wiseguy table, with his friend
Marco and Charlie and girlfriend and Frank Junior. Frank Senior couldn’t come, which was strange. “A few weeks before the
wedding, Frank says, ‘I’m looking forward to being invited to your wedding.’ I got on the phone with Stefanie right away.
‘We got to invite this guy,’” said Louis.

Frank Senior and Frank Junior gave $1,000 between the two of them, which was generous. At least compared to Charlie. He gave
$300, which Louis figured was less than Charlie paid for his Cole Haan lighter.

No honeymoon. Not that he was in the mood for a honeymoon, after the robbery. But he really hated the idea of going away when
he was moving to another firm. He just couldn’t count on Benny. He was about to start a new job, at the World Trade Center
offices of State Capital Markets. Stefanie was pissed about that. Tough.

State was Frank’s idea. He knew the people there, and introduced Louis and Benny to the firm. They were going there to sell
Chic-Chick. In theory. But Chic-Chick was as tough a sell at State as it was at Brod and Nationwide. Everything was tougher
to sell. By now, regulation was getting a lot harder. The regulators were starting to crack down on “units,” which were combinations
of stocks and warrants, popular in chop house IPOs. Listing requirements on the Nasdaq were becoming more stringent. Things
were starting to get sucky.

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