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Unlocked with Savannah Chrisley

Say Hello to the Ex-Mafia Gangster - Larry Formato

Unlocked with Savannah Chrisley

PodcastOne

Talk Radio, Society & Culture

4.62.2K Ratings

🗓️ 15 August 2023

⏱️ 89 minutes

🧾️ Download transcript

Summary

Savannah Chrisley and Larry Formato go deep into the story of Formato’s Mafia past and how he had a hand in some of America’s biggest industries during his time in organized crime, from the US Stock Market to the modern Music Industry. Lorenzo "Larry" Formato began this wild ride in the early 70's and stayed on top for almost two decades. Relive his life experiences through his own words as he takes you on a journey reminiscent of Godfather, Wall Street, and Boiler Room. Now, through his own eyes, witness what really went on with the penny stock market and the power he gained from the Mafia. Look into a world where only Formato can take you, as he talks about the total manipulation of the Penny Stock Market and the role the Mafia played in it. "This book is based on my experiences and memories, along with my complete congressional testimony. His testimony before Congress led to the Penny Stock Reform Act of 1990 and was hailed as the most important stock reform legislation passed since 1933." Larry Formato Read ALL the details on Todd & Julie Chrisley RIGHT HERE -- www.chrisleydefense.com Thank you for supporting our show! - LUME: Get $5 OFF your Starter Pack (That's over OVER 40%) at LUMEDEODORANT.COM when you use promo code UNLOCKED - Apartments.com: Check out Apartments.com! The Place to find your Pet-Friendly Place! - ROCKET MONEY: cancel unwanted subscriptions and manage your expenses the easy way by going to RocketMoney.com/SAVANNAH - PROGRESSIVE: join the over 29 million drivers who trust progressive. Restrictions apply. Not available in all states and situations. LET'S BE SOCIAL: Follow Savannah Chrisley: Instagram (@SavannahChrisley) TikTok (@SavannahChrisley) Twitter (@_ItsSavannah_) Follow Unlocked Podcast: Instagram (@UnlockedWithSavannaa) on Instagram TikTok (UnlockedWithSav) Produced and Edited by "The Cast Collective" in Nashville, TN---(www.thecastcollective.com) Follow The Cast Collective on Instagram & Twitter! -- (@TheCastCollective)

Transcript

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0:00.0

Today on Unlocked, I am so excited because this is a little different than what we normally do.

0:08.2

I have one of the most fascinating human beings on my podcast and you get to hear it firsthand

0:15.6

from him and the world I feel like especially the past 10 years has been fascinated with the mob.

0:23.7

It's just a fascination from the sopranos, the godfather, all the shows that have come out that

0:29.8

we've got to learn and kind of have a little insight into the mob. And today I have Larry from

0:36.1

Auto on. Welcome. Thank you. Glad to be here. So we had dinner last night. We did. And I got to know

0:43.0

you a little bit more. Yes. And it was the most fascinating dinner I think I've ever had.

0:48.1

Seriously, the most fascinating dinner. So we'll kind of jump right into it. I kind of want to

0:54.7

start from the beginning though. So while first you have your book. I do. Okay. The title is

1:00.7

Connected by Larry from Auto. Yes. So you can find it. Where can people find it? Amazon. Amazon.

1:05.9

Let's say. Okay. So connected by Larry from Auto. And it kind of tells your whole

1:12.2

life story. Pretty much. Yeah. So starting from the very beginning, let's say, let's start from

1:18.3

the beginning as a kid. Yeah. And your story there, just your upbringing, how you grew up.

1:25.6

Yes. So I grew up in a pretty poor family. My father worked in a wire factory.

1:32.0

And I was a sick kid. I had a romantic fever when I was young. So they expect me to live past 15.

1:40.5

I don't think so much around there. And I was pretty much bedridden my younger years.

1:46.8

So my mother dragged me to Canada to a cathedral. And what I remember of it is there's just a bunch

1:56.5

of stairs. And we went up these stairs on our knees. And at the top of the stairs, when you get

2:03.6

to the top of the stairs, there's crutches and other things that are left up there from people

2:08.3

that were crippled. And supposedly received their cure. Okay. So here I am, this little kid,

2:16.4

I don't know what the hell we're doing. You know, I'm just, I'm doing what my mother told me to do.

2:20.4

You know, my knees are killing me. And I didn't really want to be doing it anyway.

...

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