A Philadelphia La Cosa Nostra mobster was sentenced Thursday for staging a theft of a New Jersey pawnshop and verify cashing enterprise so the proprietor may accumulate insurance coverage cash, federal prosecutors stated.
Salvatore “Sam” Piccolo, 68, of Atlantic Metropolis, additionally has admitted that he bought practically a half-pound of crystal meth to undercover FBI brokers, in accordance with a press release from the U.S. Legal professional’s Workplace.
Piccolo was sentenced to over 12 years in jail and was additionally ordered to pay $174,025 in restitution to the insurance coverage firm the store proprietor filed the declare with, Northland Insurance coverage of Minnesota, officers stated
Clad in a nylon masks, Piccolo and an affiliate entered the pawnshop on April 19, 2014, chained the entrance doorways closed and pulled out a handgun, authorities stated.
They certain the proprietor after which stole money, jewellery and a gun from a secure within the enterprise, in accordance with the assertion. The proprietor claimed the secure contained $60,000 in money and ultimately was paid the $174,025 declare by the insurance coverage firm.
The cash was transferred from the insurance coverage firm’s Citibank account to the enterprise proprietor’s Financial institution of America account in November 2014, U.S. Legal professional Craig Carpenito stated within the assertion.
Piccolo additionally bought meth to undercover FBI brokers 3 times in 2017; as soon as in Sicklerville restaurant parking zone and twice in Atlantic Metropolis, federal prosecutors stated. The brokers paid him over $11,000 in money for the medication.
Chris Sheldon could also be reached at firstname.lastname@example.org. Comply with him on Twitter @chrisrsheldon Discover NJ.com on Fb.
Have a tip? Inform us. nj.com/ideas. Get the most recent updates proper in your inbox. Subscribe to NJ.com’s newsletters.