Vincent Palermo - FBI Informant

FBI Informant

In 1998, the Federal Bureau of Investigation (FBI) recruited a mob informant who devastated the DeCavalcante family. This informant was DeCavalcante associate Ralph Guarino, who had been arrested for robbing the Bank of America inside the World Trade Center where they stole $1.6 million. To avoid 20 years in prison, Guarino agreed to work undercover for the FBI. Guarino soon started informing on the actions of DeCavalcante members to the FBI. The agency gave him cell phones rigged with surveillance equipment to distribute to other family members. In October 1998, Vincent's trusted lieutenant, Joseph Masella, was shot to death, leaving an opening in the family. Due to secret assistance from the FBI, Guarino's status had been rising in the family. After Masella's murder, Vincent and the rest of the DeCavalcante leadership promoted Guarino to made man.

In 1999, the FBI finally moved in on the DeCavalcante family. Vincent had recently proposed to murder mobster Frank D'Amato and Guarino successfully recorded the conversation. On December 2, the FBI arrested Vincent and 39 other members of the family. Vincent was charged with the attempted murders of Frank D'Amato and Majuri and many other offenses. Hitman Capo also implicated Palermo in the 1989 Weiss killing.

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