New York Daily News

Loanshark Frankie Boy goes bye-bye

- Larry McShane

Boy, oh boy.

Bonanno family soldier Frank (Frankie Boy) Salerno was sentenced Thursday to five years in prison for collecting mob loansharki­ng and gambling debts.

U.S. District Court Judge Sandra Feuerstein imposed the federal jail term on Salerno, who collected the cash on behalf of his co-defendant John (Johnny Boy) Ambrosio — an acting captain in the Gambino family, prosecutor­s said.

Salerno, 43, of Queens, and Ambrosio were two of seven local mafiosi busted in a federal sweep that ended with conviction­s for every one. Ambrosio, 74, of Huntington, L.I., was sentenced last week to 51 months in prison on the same racketeeri­ng conspiracy charge as Salerno.

According to prosecutor­s, Salerno made his collection­s between 2014 and 2017. A third conspirato­r, in a conversati­on with an undercover agent, outed himself and Salerno as organized crime figures.

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