Excerpt for The FBI Closes In On Milwaukee Phil Alderisio by , available in its entirety at Smashwords

The FBI Closes In

On Felix Milwaukee Phil Alderisio

Published by Robert Grey Reynolds Jr. at Smashwords

Copyright 2018 by Robert Grey Reynolds Jr.

In July 1969 federal authorities seized Felix Milwaukee Phil Alderisio (1912-September 25, 1971). Charged with conspiracy to defraud a bank, the indictment concluded a four-year FBI investigation. Arriving sealed, the document listed twenty-one counts against Alderisio. Three other men were named in the indictment but weren’t formally charged.

Alderisio was accused of defrauding the Parkwood Bank of $89,935. Located in suburban Harwood Heights, Illinois, the crime against the financial institution had allegedly occurred in May 1965. Alderisio was also indicted for establishing fake and insufficient collateral for home-improvement loans.

FBI Director John J. Edgar Hoover (1895-1972) described Alderisio’s arrest as a blow to the upper echelon leadership of La Cosa Nostra. The 57-year-old Chicago mobster was taken into custody on Sunday, July 28th, at his suburban home in Riverside. Twenty federal agents surrounded the residence. Bond was set at $100,000.

Richard Peter Jackowski (1929-1999), 40, of Hickory Hills, was also named in the indictment. He was a former loan officer of the Parkwood Bank.

Other indictees were Irwin R. Pinky Davis (1916-1997), 44, of Wilmette and the deceased Alan Rosenburg. The latter was discovered shot to death in March 1965. Rosenberg was the son of Russian immigrant clothing salesman Edward W. Rosenberg (1892-). Born in 1927, by 1930 Alan lived at 3150 Sunnyside Avenue in Chicago. His mother Etta (1894-) was an Illinois native. By the time Alan was in the sixth grade the Rosenbergs had moved to 5111 Kenmore Avenue.

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