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...events leading to last week's charges began in 1976 when William Masselli, a soldier in the Genovese Mafia family, seized control of a small construction firm that held subcontracts on large Schiavone projects. The firm was owned by Louis Nargi, who had made the mistake of borrowing some $350,000 from Masselli and from one of the mobster's associates, Louis Cirillo, now in prison on a narcotics conviction. When Nargi failed to repay the money on time, Masselli, who had no construction experience, appropriated Nargi's equipment, hired his workers and muscled the owner aside...

Author: /time Magazine | Title: Time Out for the Defense | 10/15/1984 | See Source »

...special federal prosecutor were killed in the summer of 1982 just as the prosecutor's investigations were winding up. Last Wednesday the Mafia gunman in one of those murders was convicted in New York City: according to Bronx Assistant District Attorney Martin Fisher, Phil Buono killed Informer Nat Masselli, the son of a mobster, in order "to help and protect the Schiavone Construction Co. and Raymond Donovan...

Author: /time Magazine | Title: Name-Dropping | 11/14/1983 | See Source »

Buono, 68, could get a sentence of 25 years to life. According to testimony in the trial of his criminal partner, who was convicted last month of manslaughter for the same killing, Masselli had told the pair he would not pledge his silence in the Donovan inquiries. Moments after his refusal, the killers apparently discovered that Masselli, 31, was equipped with a hidden recording device. Buono shot him in the back of the head...

Author: /time Magazine | Title: Name-Dropping | 11/14/1983 | See Source »

...victim's father, William Masselli, 56, owned an excavating company that over five years did $11 million worth of work for Donovan's firm. Now serving a seven-year sentence for cocaine trafficking and receiving stolen goods, Masselli is said to be considering a bargain with authorities: early release from prison, perhaps, in exchange for talking under oath about his extraordinarily lucrative dealings with Schiavone. If he told all he knew, the senior Masselli once bragged, he could "bury" Donovan...

Author: /time Magazine | Title: Name-Dropping | 11/14/1983 | See Source »

...prosecution's key witness, produced by Detectives Michael Geary and Larry Doherty, testified under an assumed name, William Burns. A longtime informant, Burns claimed that Odierno talked freely about the Masselli killing when the two were inmates last year at New York's Riker's Island jail. According to Burns, Odierno got mad when Masselli, sitting beside him in a parked car, rejected a deal in which the Mob would cancel loans to the Massellis if the pair would pledge silence in the Donovan investigation. Burns said that when a device that looked like a tape recorder...

Author: /time Magazine | Title: Shoot Him' | 10/17/1983 | See Source »

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