The Real Deal New York

US Attorney’s office to seize mobster’s Howard Beach home

The government says the home was bought with dirty money
February 05, 2017 04:30PM

164-04 86th Street, Howard Beach and Ronald Giallanzo

164-04 86th Street, Howard Beach and Ronald Giallanzo

The US Attorney’s office wants to seize the Howard Beach home of a Bonanno crime family member. Alleged mobster Ronald Giallanzo was recently released from a year-long prison sentence only to face foreclosure.

Giallanzo, spent 17 years in the crime family and made millions managing illegal online sports betting rings, the US Attorney’s Office said in the Brooklyn Federal Court legal filing cited by the New York Post. The US Attorney’s office is now claiming that his 3,500-square-foot house was purchased with dirty money.

Although the home is technically owned by Giallanzo’s wife, Elizabeth, he allegedly used his ill-gotten gains to “purchase, construct and renovate” the 86th Street property. That means that government is entitled to seize it under criminal forfeiture laws.

Giallanzo was recently in legal trouble once again for meeting up with old mobster friends at a Staten Island Christmas party, violating his supervised release. [NYP]Christopher Cameron