Age, Biography and Wiki
Philip Abramo was born on 1945 in New York City, New York, U.S., is an American caporegime. Discover Philip Abramo's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 79 years old?
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| Age |
79 years old |
| Zodiac Sign |
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| Born |
1945 |
| Birthday |
1945 |
| Birthplace |
New York City, New York, U.S. |
| Nationality |
United States
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We recommend you to check the complete list of Famous People born on 1945.
He is a member of famous with the age 79 years old group.
Philip Abramo Height, Weight & Measurements
At 79 years old, Philip Abramo height not available right now. We will update Philip Abramo's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
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Not Available |
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Not Available |
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Not Available |
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Not Available |
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Not Available |
Dating & Relationship status
He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.
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| Parents |
Not Available |
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Not Available |
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Not Available |
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Not Available |
Philip Abramo Net Worth
His net worth has been growing significantly in 2023-2024. So, how much is Philip Abramo worth at the age of 79 years old? Philip Abramo’s income source is mostly from being a successful . He is from United States. We have estimated Philip Abramo's net worth, money, salary, income, and assets.
| Net Worth in 2024 |
$1 Million - $5 Million |
| Salary in 2024 |
Under Review |
| Net Worth in 2023 |
Pending |
| Salary in 2023 |
Under Review |
| House |
Not Available |
| Cars |
Not Available |
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Philip Abramo Social Network
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Timeline
Philip Abramo (born 1945), also known as "The King of Wall Street" and "Lou Metzer", is a caporegime in the New Jersey DeCavalcante crime family who was allegedly involved in security fraud and murder.
He is the capo of the DeCavalcante family's crew in Miami, Florida, United States.
Born in New York, Abramo graduated from Cardinal Hayes High School in the Bronx.
One of the few Cosa Nostra mobsters to attend college, he graduated from Pace University with a degree in accounting.
In 1971, he was convicted of possessing stolen property.
In 1973, he was convicted of conspiracy to distribute heroin and sentenced to seven years in federal prison.
At some point, Abramo joined the DeCavalcante family and eventually became a made man, or full member, of the family.
He became involved in extortion, loansharking, and microcap stock fraud schemes.
Abramo was the hidden control person behind Sovereign, a prominent microcap stock company and its sister trading firm, Falcon Trading.
He also controlled two penny stock firms, Toluca Pacific Securities and Greenway Capital.
He allegedly controlled other small-cap stock dealers through brokers and traders owing allegiance to him.
In addition to white collar crime, Abramo also allegedly committed murder.
In 1989, he and other DeCavalcante family members allegedly murdered Frederick Weiss, a recycling executive and former city editor of the Staten Island Advance newspapers.
The murder was a favor to Gambino crime family boss John Gotti, who feared that Weiss was cooperating with the Federal Bureau of Investigation (FBI) on a waste company investigation.
In 1992, Abramo allegedly participated in the killing of DeCavalcante boss John D'Amato, suspected of homosexual acts.
As Abramo's status rose in the DeCavalcante family, he frequently served as a liaison between the DeCavalcantes and the five crime families of New York.
The FBI identified him as a frequent visitor to Gotti prior to his imprisonment in 1992.
Abramo is also the brother-in-law of Alan Longo, a member of the Genovese crime family.
In 1996, Abramo was indicted in New Jersey for allegedly swindling 300 people nationwide out of $1 million by selling them fraudulent lines of credit.
In October 2000, he was indicted on charges of racketeering, conspiracy to murder, and securities fraud.
During his trial, he made the following statement:
"I have done many, many things in my life that I am ashamed of, but I have never, ever murdered another human being nor have I ever asked or ordered anyone to murder another human being."
On July 4, 2003, Abramo was convicted of five murders, including those of D'Amato and Weiss, as well as racketeering and loan sharking charges.
In 2006, he was sentenced to life in prison.
In September 2008, a federal appeals court reversed his racketeering conviction and ordered a new trial.
According to the Federal Bureau of Prisons, Abramo was released on January 21, 2018.
