Notorious Philly Mobster’s Son Sentenced to 30 Years in Racketeering Conspiracy

The son of notorious Philadelphia mobster Nicodemo Scarfo has been sentenced to 30 years in prison for racketeering. 

Nicodemo Scarfo Jr. is accused of stealing $12 million from shareholders of a publicly traded Texas financial firm. 

The younger Scarfo allegedly used false SEC filings and made threats to cause economic harm as a form of shaking down existing company management.  His father was sentenced to 55 years for a similar crime.

Scarfo, Jr. was the target of a Halloween 1989 assassination attempt outside a Philadelphia Italian restaurant.  He would later join forces with the powerful South Jersey Lucchese family. 

Scarfo’s co-defendants are due to be sentenced later in the week.

- Jagajeet Chiba, Gambling911.com

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