The acting Don of the New York-based Genovese Organized Crime Family, Daniel Leo, a/k/a "The Lion," and his nephew and primary lieutenant, Joseph Leo, pleaded guilty to racketeering charges Friday in Manhattan federal court.
According to the Indictment filed in Manhattan federal court: Beginning in about 2005, Daniel Leo became the acting boss of the Genovese Organized Crime Family, from his previous post as a member of the Family’s ruling panel.
During the time Daniel Leo served as acting boss, he continued to supervise a "crew" of Genovese Organized Crime Family members and associates, including Joseph Leo and others, who committed loansharking, extortion, and illegal gambling offenses under Daniel Leo's direction.
Both defendants pleaded guilty today to Counts One and Two of the Indictment, which charged them with participating in, and conspiring to participate in, the affairs of the Genovese Organized Crime Family through a pattern of racketeering activity. Both defendants admitted during the plea proceeding that they participated in the affairs of the Genovese Organized Crime Family by engaging in loansharking, and that they conspired to operate an illegal gambling business.
These two defendants entered their guilty pleas before United States Magistrate Judge Ronald Ellis. They are scheduled to be sentenced by United States District Judge Richard Holwell on April 2, 2010.
Each defendant faces a maximum sentence of 40 years in prison and a maximum fine of $250,000 or twice the gross gain or loss from the offense.
Daniel Leo and Joseph Leo are currently serving prison sentences of 60 months and 46 months, respectively, based on their prior convictions in Manhattan federal court on extortion charges in October 2007.
