Miquelle Franzese is a celebrity daughter who has come into the limelight because of her father. Miquelle’s father is a former mobster who worked with the Colombo crime family. However after he was released from prison in 1994, Miquelle’s father abandoned crime and he became a motivational speaker and writer.
Miquelle has lived a quiet life, and she identifies herself as a fitness trainer. She is active on Instagram, and she has used her account to talk about her career as a fitness trainer. However, Miquelle lives a private life, and there is limited information about her personal life.
Why is Miquelle Franzese Famous?
Miquelle Franzese is a celebrity daughter who has gained attention because of her father. Her father Michael Franzese Sr came into the limelight as Yuppie Don or the Prince of the Mafia. He was engaged as a mobster for years but retired after he served in prison.
Miquele’s paternal grandfather was also a mobster, and he was jailed for eight years in prison and was released in 2017 at the age of 100. He died three years later Miquelle’s grandfather was betrayed by one of his sons, and it devasted him for years.
Who is Miquelle’s Father?
Michael Franzese Sr is the father of Miquelle Franzese. Michael is a former mobster and the son of the former underboss mafia Sonny Franzese. Michael was enrolled in a pre-med program at Hofstra University, but he dropped out to make money for his family after his father was sentenced to 50 years in prison.
Michael’s father had committed a bank robbery in 1967, and it led to heavy punishment. Eventually, Michael helped his father implement a scheme to defraud the federal government out of gasoline taxes in the early 1980s.
Michael was listed as number 18 on the Magazine’s list of Fifty Most Wealthy and Powerful Mafia Bosses. Franzese claimed that at the height of his career in crime, he generated up to $8 million per week. In 1986, Michael was arrested and sentenced to 10 years in prison for conspiracy charges. He was released in 1989 and rearrested in 1991 after he violated parole.
Miquelle’s father was released from prison in 1991 after which he transformed his life away from crime. He moved to California after his last release from prison and he began working as a motivational speaker and writer.
Gasoline Fraud by Miquelle’s Father
In 1981, Michael was contacted by Lawrence Salvatore Lorizzo, who had come up with a scheme to defraud the federal government out of gasoline taxes. Lorizzo was being hassled by criminals in California and he offered Michael a cut if he would defend and stop the harassment from criminals.
Michael and Lorizzo set up companies in Panama and they sold one-half of all gasoline sold in the New York Metropolitan area. Franzese kept 75 percent of all profits, and he made $1.26 million per month, while Lorizzo made $45,000 per month.
Officials estimated that $250 million in gasoline tax was stolen in New York State per year. Michael Franzese ought a home in Delray Beach, Florida where he lives with his wife and seven children.
