Florida Arrest
In December, 1996, Corozzo was indicted in Miami, Florida on 20 racketeering charges that included attempted murder, arson, and loansharking. Corozzo was accused of running a loansharking business in Deerfield Beach, Florida that charged 260% yearly interest on loans. Federal agents arrested Corozzo as he emerged from the surf at a beach in Key Biscayne, Florida. In August 1997, Corozzo pled guilty to racketeering charges in Florida and was sentenced to five to ten years in prison. Later that year, Corrozo again pled guilty in Brooklyn to racketeering and bribing a jail guard.
While in federal prison, Corozzo shared a cell with Gambino associate Joseph Vollaro, who was serving a drug conviction. After his release, Vollaro started paying tribute to Corozzo's crew on a trucking company he started. However, facing another drug conviction in 2004, Vollaro agreed to become a government informant and record his conversations with Corozzo.
After Corozzo's release from prison on June 10, 2004, Corozzo was again expected to take over Gambino crime family. However, due to increased law enforcement attention, he initially kept a low profile. The Gambinos were reportedly led by John "Jackie Nose" D'Amico until 2005. Corozzo kept his position as a Caporegime, despite health concerns and tight parole restrictions. In 2006, a new report stated that Nicholas Corozzo and D'Amico were the new bosses of the Gambino family, with Arnold "Zeke" Squitieri as underboss and Joseph Corozzo as consigliere.
Read more about this topic: Nicholas Corozzo
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