A Philadelphia La Cosa Nostra mobster was sentenced Thursday for staging a robbery of a New Jersey pawnshop and test cashing enterprise so the proprietor might acquire insurance coverage cash, federal prosecutors stated.
Salvatore “Sam” Piccolo, 68, of Atlantic Metropolis, additionally has admitted that he sold nearly a half-pound of crystal meth to undercover FBI brokers, in response to a press release from the U.S. Lawyer’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 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 protected within the enterprise, in response to the assertion. The proprietor claimed the protected contained $60,000 in money and finally 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. Lawyer Craig Carpenito stated within the assertion.
Piccolo additionally bought meth to undercover FBI brokers thrice 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 csheldon@njadvancemedia.com. Comply with him on Twitter @chrisrsheldon Discover NJ.com on Facebook.
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