Feb-22-1933 The Murder Of Iron Mike Malloy
Mike Malloy was born in a rural village in Co. Donegal and like many other Irish at the time he found himself making his way across The Atlantic, in search of a better life in America. While Malloy was a firefighter he fell upon hard times in the 1930s and found himself unemployed and homeless on the streets of New York City. What little money he had, he would spend in a small speakeasy bar called Marino's, located on Third Avenue. In 1933 a plot was developed by a group who knew Mike for being the local drunk. Tony Marino, Joseph Murphy, Francis Pasqua, Hershey Green, and Daniel Kriesberg would later be called The Murder Trust by the media. The plan was simple, they took out a life insurance policies on Mike's life to the value of $3,500 with the idea that they would let Mike drink himself to death at Marino's speakeasy. Marino had hatched a similar scheme in the past, taking out a life insurance policy on a woman, with himself named as the sole b...