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10 Facts About Philip Abramo

1.

Philip Abramo is the capo of the DeCavalcante family's crew in Miami, Florida, United States.

2.

At some point, Philip Abramo joined the DeCavalcante family and eventually became a made man, or full member, of the family.

3.

Philip Abramo became involved in extortion, loansharking, and microcap stock fraud schemes.

4.

Philip Abramo was the hidden control person behind Sovereign, a prominent microcap stock company and its sister trading firm, Falcon Trading.

5.

Philip Abramo controlled two penny stock firms, Toluca Pacific Securities and Greenway Capital.

6.

Philip Abramo allegedly controlled other small-cap stock dealers through brokers and traders owing allegiance to him.

7.

In 1992, Philip Abramo allegedly participated in the killing of DeCavalcante boss John D'Amato, suspected of homosexual acts.

8.

Philip Abramo is the brother-in-law of Alan Longo, a member of the Genovese crime family.

9.

In 1996, Philip Abramo was indicted in New Jersey for allegedly swindling 300 people nationwide out of $1 million by selling them fraudulent lines of credit.

10.

On July 4,2003, Philip Abramo was convicted of five murders, including those of D'Amato and Weiss, as well as racketeering and loan sharking charges.