Overview
- John Ragano, a member of the Bonanno crime family, was convicted of extortion for coercing an informant to strip naked to check for a wire.
- Ragano was acquitted of charges including extortion conspiracy, witness harassment, and witness tampering.
- The incident involved a $150,000 loan to Vincent Martino, who later became a federal informant to manage his debts.
- Despite previous arrests and a 57-month sentence for related charges, Ragano continued to pressure Martino for repayment.
- Ragano faces up to 20 years in prison following this conviction, with sentencing expected in the coming months.