CASH BAIL: Reputed NYC Colombo Mobster Released From Jail On $5M Bond

DAILY  NEWS: A top-echelon Colombo crime family leader was freed Friday on $5 million bond over the objections of federal prosecutors. 

Ralph DiMatteo has been charged with 13 other reputed mobsters on racketeering and extortion charges for the attempted takeover of a local labor union.

DiMatteo’s release won’t be a day at the beach. Under the agreement, the reputed Mafioso agreed to electronic monitoring, with freedom from his home limited to attorney visits, court appearances, medical treatment and religious services.

Defense attorney Gerald McMahon argued that DiMatteo’s release was important in preparing their case. The $5 million bond was co-signed by his wife, daughter and niece.

DiMatteo, indicted alongside family boss Andrew “Mush” Russo and underboss Benjamin Castellazzo, turned himself in three days after the charges were made public.

Prosecutors lost the battle to keep him inside the Metropolitan Detention Center, just as the 87-year-old Russo was freed last October on a $10 million bond.

In court papers, authorities asserted that DiMatteo continued to orchestrate family business from inside the Brooklyn federal lockup, even making calls from inside the jail to Colombo members on the outside.

In one recorded chat, he somewhat ironically advised a relative to “stay off the phones” because of possible FBI surveillance.

Another call cited by prosecutors captured DiMatteo advising a Colombo associate to avoid a garage once used as a crime family meeting spot because the feds were aware of the location....

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https://news.yahoo.com/reputed-nyc-colombo-mobster-released-005700754.h…