One of the biggest moneymakers for the Mafia families has been through loansharking, and in February 1965 the FBI's New York Field Office prepared an 87-page report for Director J. Edgar Hoover on so-called shylocking which details the racket and identifies its players:
The following is list of prominent shylocks in the Greater New York area. The list is by no means complete, inasmuch as virtually every member of "La Cosa Nostra" at one time or another engages in shylocking. However, it is felt that those listed below should be considered the most prominent.
Each day Friends of Ours is republishing two entries from this list.
Carmine John Lombardozzi, also known as Carmine Livgna, Carmine Livigna, Carl Lombard, Dr. Clarence
Lombardozzi, who has FBI number 290869, was born February 8, 1913, and resides at 1829 Caton Avenue, Brooklyn, New York. He has an arrest record from 1930 for such crimes as burglary, unlawful entry, abduction, rape, gambling, perjury, consorting, income tax violation and using mails to defraud.
He is a close associate of top hoodlum Carlo Gambino, Michael Scandifia, Joseph Gennaro and others.
Lombardozzi is considered one of the biggest shylocks in the Greater New York area and is reputed to have several million dollars out in shylock loans.
Confidential Source 8 described Lombardozzi as a shylock's shylock and he heads up a group of approximately 40 men, all of whom are active shylocks.
Joseph Valachi advised in September, 1962, that Carmine Lombardozzi is a "caporegima" in the Carlo Gambino "family" of "La Cosa Nostra."
Confidential Source 8 advised that Lombardozzi recently was busted from the position of "caporegima" and is now a common "soldier" in the Gambino "family."
John Joseph Lombardozzi, also known as Giovanni Lombardozzi
Lombardozzi, who has FBI Number 4156095, resides at 1455 54th Street, Brooklyn, New York, and has an arrest record dating back to 1959, including arrests for gambling, illegal transportation of stolen securities, assaulting a Federal officer and violation of the National Bankruptcy Act. He was convicted last year for the assault upon Special Agent John P. Foley and received a twenty month sentence, which he is now appealing. He was arrested on December 30, 1964, with Michael Joseph Scandifia by the New York County District Attorney's Office and charged with stealing $95,362 worth of jewelry from a New York jeweler. He is also under indictment in the theft of stock from the Bache and Company brokerage firm and is awaiting trial on that charge. He is closely associated with known hoodlums Leonard Grillo, Dominick Castore, Ugo Bassi and is the brother of Carmine Lombardozzi.
Confidential Source 4 advised in January, 1963, that Lombardozzi is a member of the Carlo Gambino "family" of "La Cosa Nostra" under his brother Carmine and is closely connected with the shylocking ventures of his brother.