1. An associate of the Philadelphia crime family, Palermo ran Philadelphia's biggest numbers racket.
17 Facts About Frank Palermo
1. 2.
Frank Palermo would cheat members of his stable out of their share of the purses of their fights.
3.
Frank Palermo would rack up seven more wins, including a win in a notorious bout allegedly thrown by Jake LaMotta.
4.
The LaMotta fight was fixed by Frank Palermo, who owned Fox under the table.
5.
Frank Palermo informed him he could resolve his problems with the guild, and Williams agreed to let Frank Palermo manage him.
6.
Frank Palermo claimed Palermo refused to pay him his share of the purses from two fights worth approximately $40,000, on which he had to pay taxes.
7.
Frank Palermo said he had never tried to collect the monies owed him by Palermo.
8.
Frank Palermo is a circumspect fellow and clearly to this day has no wish to anger Blinky.
9.
On June 4,1954, Los Angeles-based heavyweight boxer Clarence Henry, who was managed by Frank Palermo, was arrested in New York City for attempting to bribe Oakland, California middleweight Bobby Jones to throw his June 11 Madison Square Garden match with Joey Giardello.
10.
Frank Palermo was twice a National AAU champion and won a Golden Gloves title.
11.
Frank Palermo had once manipulated Billy Fox to a similar record early in his career to make him a contender.
12.
Unlike other boxers exploited by Frank Palermo, Saxton expressed loyalty to him.
13.
Frank Palermo has been honest and trustworthy in every dealing we have had during my career.
14.
Frank Palermo pleaded the Fifth Amendment to avoid testifying, as did Carbo, who took the Fifth 25 times.
15.
Frank Palermo went free on $100,000 bail as he launched a series of unsuccessful appeals against his conviction.
16.
Frank Palermo was released from United States Penitentiary, Lewisburg on November 8,1971 after serving seven and a half years of his sentence.
17.
Frank Palermo was laid to rest at Holy Cross Cemetery in Yeadon, Pennsylvania.