Philip Abramo

Philip Abramo (born 1945), also known as "The King Of Wall Street", "Lou Metzer" is a caporegime in the New Jersey DeCavalcante crime family who was allegedly involved in security fraud and murder. Abramo was a capo of the DeCavalcante family's crew in Miami, Florida.

Born in New York, Abramo graduated from Cardinal Hayes High School in the Bronx. One of the few Cosa Nostra mobsters to attend college, Abramo graduated from Pace University with a degree in accounting. In 1971, Abramo was convicted of possessing stolen property. In 1973, Abramo was convicted of conspiracy to distribute heroin and sentenced to seven years in federal prison.

At some point, Abramo joined the DeCavalcante family and eventually became a made man, or full member, of the family. He became involved in extortion, loansharking, and schemes. Abramo was the hidden control person behind Sovereign, a prominent stock company and its sister trading firm, Falcon Trading. Abramo also controlled two , Toluca Pacific Securities and Greenway Capital. Abramo allegedly controlled other small-cap stock dealers through brokers and traders owing allegiance to him.

In addition to white collar crime, Abramo also allegedly committed murder. In 1989, Abramo and other DeCavalcante family members allegedly murdered Frederick Weiss, a recycling executive and former city editor of the Staten Island Advance newspapers. The murder was a favor to Gambino crime family boss John Gotti who feared that Weiss was cooperating with the Federal Bureau of Investigation (FBI) on a waste company investigation. In 1991, Abramo allegedly participated in the killing of John D'Amato, a man whom Gotti wanted to install as boss of the DeCavalcante family in 1990.

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