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Tuesday
Nov012011

Son of Mob Boss 'Little Nicky' Scarfo Arrested on Racketeering, Fraud Charges

Jupiterimages/Thinkstock(CAMDEN, N.J.) -- The son of imprisoned Philadelphia mob boss Nicodemo Scarfo was arrested Tuesday in New Jersey on federal racketeering and fraud charges.

Nicky Scarfo and associates are alleged by New Jersey U.S. Attorney Paul Fishman of orchestrating a scheme to defraud a Texas financial firm out of millions.

Scarfo, 46, is the son and grandson of mobsters. His grandfather was a Brooklyn mobster from the Genovese crime family. His mother is the sister of three Philly mobsters.

His father, dubbed "Little Nicky" because of his height, presided over some of the bloodiest years in Philadelphia mob history. Dozens were shot, blown up and otherwise publicly executed during this era by the mob boss.

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