Robert Ranieri pled guilty on Thursday to working as a loan shark for reputed Philly mob capo Anthony Staino, and is scheduled for sentencing on Sept. 25 as reported by Andy McNeil for the Courier-Post.
Earlier this year a federal jury convicted Staino on two loansharking counts at a multi-defendant trial which targeted the alleged gambling and loansharking operations of the Philadelphia Mafia but was hung on a racketeering charge against him. In order to avoid a retrial on the deadlocked charge Staino last April agreed to "plead guilty . . . to racketeering conspiracy and an illegal gambling count" as reported by John P. Martin for The Inquirer.
The federal jury also deadlocked on the racketeering charges against reputed boss Joseph Ligambi and his nephew George Borgesi, and they face retrial in mid-October. The same jury convicted three others -- Joseph Massimino, Damion Canalichio, and Gary Battaglini who allegedly served as underboss, soldier and associate, respectively -- on the racketeering charges.