An unbelievable - yet completely true life story about one man's rise from poverty to extreme wealth and ultimately his downfall. Lorenzo (Larry) Formato began this wild ride sometime in the early 70's and stayed on top for almost two decades. Relive his true life experiences through his own words as he takes you on a journey reminiscent of Goodfellas, Godfather, Wall Street and Boiler Room. Now through his own eyes witness what really went on with the Penny Stock Market and with the real Mafia. This book has it all; from the entertainment and music industry to the inside world of the Mob, with a glimpse into the cocaine business and an in-depth look at corrupt US Government Officials. This is a compelling tale of comradery, betrayal, and the ultimate sacrifice of risking his life.
People ask me about my history. For that, I could say “buy the book”, but I thought it was important to have an official biography.
Larry Formato has forty years experience in finance and finance management. He is considered one of the world’s leading experts in the Over-The-Counter (OTC) stock market. By age thirty-three, he owned five brokerage firms and was asked by Congress to help construct the Penny Stock Reform Act of 1990.
“Mr. Formato, this has been an extraordinary piece of testimony which has been delivered to our subcommittee. We thank you very much for having the courage to appear before us today, and as the weeks and months go by, as we continue to work on these issues, we are going to stay in close contact with you. I think that there is a ring of truth to what you are saying, and I don’t think it is lost on those who serve on this committee. You have provided an important public service here today, and we thank you.” Congressman Edward J. Markey Chairman Subcommittee on Telecommunications and Finance
Mr. Formato is currently focused on multiple mergers and acquisitions and has written his book, Connected, detailing his life in the Penny Stock Market.