Mobster Acquitted In Infamous 1978 Heist That Inspired ‘Goodfellas’

In this Jan. 23, 3014 courtroom drawing, Vincent Asaro, left, is joined by his attorney, Gerald McMahon, at federal court in New York. Asaro, 78, was named along with his son, Jerome, and three other defendants in wi... In this Jan. 23, 3014 courtroom drawing, Vincent Asaro, left, is joined by his attorney, Gerald McMahon, at federal court in New York. Asaro, 78, was named along with his son, Jerome, and three other defendants in wide-ranging indictment alleging murder, robbery, extortion, arson and other crimes from the late 1960s through 2013. Asaro goes to trial in October 2015 for his role in the 1978 Lufthansa heist which Martin Scorsese immortalized in his film “Goodfellas.” (AP Photo/Elizabeth Williams, File) MORE LESS

UPDATE: Nov. 12, 2015, 3:26 PM ET

NEW YORK (AP) — An aging mobster who stayed mostly in the shadows for decades by adhering to the Mafia’s strict code of silence was acquitted Thursday of charges he helped plan a legendary 1978 Lufthansa heist retold in the hit film “Goodfellas.”

A federal jury reached the verdict at a Brooklyn racketeering trial where it heard testimony that portrayed 80-year-old Vincent Asaro as a throwback to an era when New York’s five organized crime families comprised a secret society that committed brazen crimes and settled scores with bloodshed.

Asaro, whose father and grandfather were members of the secretive Bonanno crime family, “was born into that life and he fully embraced it,” Assistant U.S. Attorney Alicyn Cooley said in closing arguments. His devotion to the Bonannos “was as permanent as the ‘death before dishonor’ tattoo on his arm,” she added.

The defense accused prosecutors of relying on shady paid cooperators, including Asaro’s cousin Gaspare Valenti. They argued that the witnesses had incentive to frame Asaro to escape lengthy prison terms of their own.

“These are despicable people,” defense lawyer Elizabeth Macedonio said in her closing. “They are accomplished liars.”

At trial, prosecutors described how Asaro rose through the ranks and developed an “unbreakable bond” with the more notorious James “Jimmy the Gent” Burke, the late Lucchese crime family associate who orchestrated the holdup at the Lufthansa cargo terminal at Kennedy Airport. Taking the witness stand last month, Valenti testified that Asaro and Burke killed a suspected informant with a dog chain in 1969 before ordering Valenti to help bury the body.

Valenti also testified that Asaro drafted him for the Lufthansa heist, telling him, “Jimmy Burke has a big score at the airport coming up, and you’re invited to go.”

When he learned about the mountain of $100 bills and jewels taken from a Lufthansa vault, Asaro was “very happy, really euphoric.” Valenti testified. “We thought there was going to be $2 million in cash and there was $6 million.”

In the aftermath, Asaro survived a bloodbath portrayed in “Goodfellas,” with Robert De Niro’s character going ballistic over fellow mobsters’ purchases of flashy cars and furs and, fearing they would attract law enforcement attention, having them whacked. Prosecutors claimed he collected at least $500,000 from the score but had a gambling problem and squandered it away at the racetrack.

Jurors heard recordings made by Valenti on which Asaro complained in a profanity-laced rant, “We never got our right money, what we were supposed to get. … Jimmy kept everything.”

He also was taped lamenting, “I’m the only wise guy left in the neighborhood.”

Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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  1. That Joe Pesci, he sure knows how to work a jury!!

  2. Fortunately, the real Tommy DeSimone never got a trial. The mob took care of that punk, and all indications are that he was tortured big time before he was killed. Well deserved for that punk.

  3. Avatar for pine pine says:

    "Jurors heard recordings made by Valenti on which Asaro complained in a
    profanity-laced rant, “We never got our right money, what we were
    supposed to get. … Jimmy kept everything.”

    He also was taped lamenting, “I’m the only wise guy left in the neighborhood.”

    He kissed his attorney (4) times.

    "
    Bonanno hood Vincent Asaro slammed his fist on the defense table and
    kissed his lawyer on the lips four times Thursday after a jury found him
    not guilty of pulling off the Lufthansa heist immortalized in the movie
    “Goodfellas.”

    In another stunning blow to prosecutors, the panel also acquitted the 
    

    80-year-old gangster of helping another thug strangle a suspected snitch with a dog chain back in 1969."

  4. Great, great movie and a real crime it did not win the academy award for best picture.

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