Louis Ricco was recognized as a caporegime with a crew based in the Bronx since the early 1980s, under the leadership of boss Paul Castellano. Ricco resides in Lodi, New Jersey. On January 21, 1998, Ricco, John A. "Junior" Gotti, and 38 other Gambino mobsters were indicted on federal racketeering charges. Ricco's charges stemmed from his illegal gambling and loansharking activities. Part of the evidence used against Ricco and Gotti was gathered from listening devices placed under dinner plates in a Queens restaurant. On January 12, 1999, Ricco pled guilty to one count of loansharking and was sentenced to 43 months in the Federal Correctional Facility in Otisville. In early 2001, Ricco was released from prison.