Frank Costello and the Honest Cabbie

March 11, 2019

A few days after D-Day in June of 1944, the Prime Minister of the New York Underworld, Frank Costello took a short cab ride. When he exited the cab, he left behind two envelopes containing $27,200.00 in hundreds and fifties. Probably gambling receipts because he was known as the slot machine king of New York City. The honest cabbie was named Edward Waters. He found the envelope and turned it into the NY police. After the story hit the papers, Costello made a claim alleging this was his money and it was from a debt he collected from a friend. Mayor Fiorello LaGuardia wanted to make a point and fought Costello, claiming the money should go to the police pension fund. A court case followed.

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2 comments on “Frank Costello and the Honest Cabbie

  1. Casey Mar 11, 2019

    Loved it!

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