How Ex-Mafia Boss Michael Franzese Made Billions - Uncovering the Mystery with Daniel Ramsey!

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Michael Franzese made his fortune through a scheme called “The Gas Tax Scam.” Essentially, he and his associates were able to buy gas at a discounted rate and then sell it at the regular price while pocketing the difference. They accomplished this by exploiting a loophole in the system that allowed them to avoid paying taxes on the gas they purchased.

Franzese was able to build a massive network of gas stations that participated in the scam, and he reportedly earned upwards of $8 million per week at the height of its operation. This illegal business generated huge profits for Franzese and his associates, and it allowed them to accumulate vast amounts of wealth.

In addition to the gas tax scam, Franzese was also involved in other illegal activities such as gambling, loan sharking, and extortion. However, he eventually left the life of crime behind and has since become a successful entrepreneur and motivational speaker.

Despite his criminal past, Franzese’s story is a testament to the power of resilience and the ability to overcome adversity.