The Genovese crime family is one of the "Five Families" that dominate organized crime activities in New York City as part of the Mafia (or Cosa Nostra). The Genovese crime family has been nicknamed the "Ivy League" and "Rolls Royce" of organized crime. They are rivaled in size only by the Gambino crime family and are unmatched in terms of power. They have generally maintained a varying degree of influence over many of the smaller mob families outside of New York, including ties with the Patriarca, Buffalo and Philadelphia crime families.
Finding new ways to make money in the 21st century, the Genovese family took advantage of lax due diligence by banks during the housing spike with a wave of mortgage frauds. Prosecutors say loan shark victims obtained home equity loans to pay off debts to their mob bankers. The family found ways to use new technology to improve on illegal gambling, with customers placing bets through offshore sites via the Internet.
The current "family" was founded by Lucky Luciano, but in 1957 it was renamed after boss Vito Genovese. Originally in control of the waterfront on the West Side of Manhattan (including the Fulton Fish Market), the family was run for years by "the Oddfather", Vincent "the Chin" Gigante, who feigned insanity by shuffling unshaven through New York's Greenwich Village wearing a tattered bath robe and muttering to himself incoherently.
Although the leadership of the Genovese family seemed to have been in limbo after the death of Gigante in 2005, they appear to be the most organized family and remain powerful. Unique in today's Mafia, the family has benefited greatly from members following the code of Omertà. While many mobsters from across the country have testified against their crime families since the 1980s, the Genovese family has only had five members turn state's evidence in its history.
Other articles related to "family, genovese crime family, genovese, crime family":
... Joseph "Joe" Ida ran the family throughout the 1940s and early 1950s ... heavily influenced by the bosses of the Five Families, especially the Genovese crime family, which sought to control both families as Vito Genovese, Underboss of ... As the Philadelphia family gained more power in Atlantic City and South Jersey, they were viewed as a large faction of the Genovese crime family ...
... novel The Godfather by Mario Puzo, the Corleone family may be based on the Genovese family ... Just like Corleone family patriarch Vito Corleone, the Genovese family's original founders came from the village of Corleone as were many of its members ... The Corleone family also has a strong presence in areas like Little Italy and the Bronx and is described as the most powerful crime family in the country ...
... Saverio Santora (1935–1987), also known as "Sammy Black", was a New York mobster with the Genovese crime family who briefly served as family underboss ... Santora quickly became one of the most powerful captains in the family ... In 1981, longtime Genovese boss Philip Lombardo went into semi-retirement ...
... and his mother was arranged by Genovese crime family patriarch and founder Vito Genovese during the 1930s ... Almost every male member of his family was involved in La Cosa Nostra ... the local floating card games controlled by a Genovese crime family made soldier ...
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