The Great Depression was a tough time in America. Today we can see the effects of 10-11 percent unemployment due to the economic slowdown caused by COVID-19. Imagine what life in the United States would be like if unemployment was around 50 percent.
No one was driving Uber to make ends meet in the 1920s, so they had to resort to some pretty spectacular money-making schemes. One of these schemes was murdering alcoholic bums – which turned out to be pretty lucrative. But you couldn't do this alone; you needed conspirators.
Michael Malloy was a victim of this kind of scheme but his death would end the lives of four of his conspirators, some former friends. Those "friends" would try to kill him seven different times, seven different ways.
Malloy was an out-of-work firefighter who became the target of his favorite bartender at his favorite speakeasy. The bartender, Joe Murphy, and the owner of the bar, Anthony Marino, decided no one would miss the 50-year-old drunk if he happened to drink himself to death one sad night. With two other customers, Dan Kriesberg and Frank Pasqua (who also happened to be an undertaker), they decided they would help that death along.
But first, the payoff. If they could get Malloy to sign a life insurance policy on himself, they could kill the old fellow and collect the insurance money. No one would be the wiser. So one night they got Malloy so drunk, he signed a petition to help Marino run for office. What the drunk really signed was three life insurance policies that would pay upwards of $36,000 in today's money if he died in an accident.
All that was left was to make sure the old fireman had an accident. But that proved much harder than they thought.
Their first attempt was to simply pour drinks down the old Irishman's throat. They laughed and joked with him as they fed him free drinks all night. When he passed out, he passed out in the bar, only to wake up to more free hooch. The problem with this scheme was that Malloy's health actually improved because he was no longer depressed. He didn't struggle to pay for drinks and he had all the friends he could handle.
The conspirators decided that a new tactic was needed. Bartender Joe Murphy mixed Malloy a new cocktail they just got in – a drink mixed with antifreeze. Malloy remarked at how smooth the beverage was before he went to lie down… only to get back up later for more drinks.
Murphy then began to throw any kind of dangerous substance he could think of into Malloy's drinks. The old firefighter drank more antifreeze, rat poison and turpentine. They served him food laced with wood alcohol, tin shavings, and rotten sardines. Malloy just loved the attention.
Stupefied, the conspirators began to take more direct actions. They doused him with water while he was blackout drunk and threw him into the snowy New York City streets and left him there. When Malloy showed up at the bar that night, he was wearing a new suit, courtesy of the good samaritans who found him and cleaned him up.
Soon they switched to outright murder. They paid a local cab driver to run the man down with his car and leave him. He survived. They tried to call in a hitman. They tried to substitute another drunk who resembled Malloy and kill him, but he survived. When none of that worked, they killed Malloy themselves.
They got the poor man drunk on wood alcohol – normally fatal for humans – and pumped his lungs full of cooking gas. That did the trick. They hired Dr. Frank Manzella, a local official, to produce a death certificate, Pasqua (the undertaker) arranged a pauper's funeral, and Malloy was dead and buried within four hours.
The bartender, Murphy, received the first insurance policy. But the other insurers became suspicious and the whole plot started to unravel. First, the gang never paid the cab driver who ran over Malloy. Then, they told the hitman too much about their scheme and he began to talk around town. Finally, the insurers learned about another death under those circumstances surrounding the same speakeasy.
The jig was up and all the conspirators were caught, tried and sentenced to the electric chair at Sing-Sing Prison.
When the story about Mike Malloy's indestructible nature, the local legend began to earn the nickname "Iron Mike."