Some of the illicit activities operated by the Gambino family include labor and construction racketeering, gambling, loan sharking, extortion, money laundering, prostitution, fraud, hijacking, pier thefts and fencing. The Gambino family was one of the "Five Families" founded in New York after the Castellammarese War of 1931.
Founded by Salvatore D'Aquila, the Gambino family is one of the families involved in organized crime activities in New York City. While the group was founded in New York after the Castellammarese War of 1931, the Gambino family did not really rise to be a significant organized crime group until 1957, when Carlo Gambino assassinated Albert Anastasia. Since then, the family's fortune grew through 1976. His successor, Paul Castellano, was murdered in 1985 by John Gotti. Gotti was eventually brought down in 1992, when his underboss Salvatore Gravano decided to cooperate with the FBI.
As the family was embroiled in inner turmoil and fighting since the death of Carlo Gambino, the FBI targeted the Gambino family as the easiest of the five families to infiltrate. In 1983, 13 members of the Gambino family were charged with drug trafficking. On April 2, 1992, based on the strength of Gravano's testimony, Gotti and current consigliere Frank LoCascio were convicted and received sentences of life without parole.