United States v. Edward T. Perrotta
Court of Appeals for the First Circuit
1Opinion of the Court
LIPEZ, Circuit Judge.
Edward Perrotta was convicted of conspiring with Rocco Folco and others to make extortionate extensions of credit, aiding and abetting Folco in making extortionate extensions of credit, and financing extortionate extensions of credit made by Folco. He appeals on a number of grounds. Unconvinced by his arguments, we affirm his convictions.
I. Background
In April of 1995, Perrotta loaned $50,000 to Folco at an interest rate of one percent per week (52 percent per year). Folco, in turn, loaned the $50,000 to Anthony Re-gine at an interest rate of two percent per week (104…
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