AAA  Jan. 31, 2015 2:17 AM ET
NYC to pay $5M to kin of man killed in 'Mafia cops' case
By JENNIFER PELTZ, Associated Press THE ASSOCIATED PRESS STATEMENT OF NEWS VALUES AND PRINCIPLES 
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File- This file photo from March 13, 2006, shows former New York City police detective Louis Eppolito entering Brooklyn federal court on the first day of his trial in New York. Nicholas Guido was showing off his new car outside his mother's home on Christmas Day 1986 when he was gunned down because he'd been mistaken for a mobster with the same name. The bad information, prosecutors said, came from two decorated police detectives who would later be convicted of moonlighting as hit men for the mob. Twenty-nine years later, the city has reached a $5 million settlement with Guido's family in part of the fallout from one of the most stunning police corruption cases in New York history. Guido's killers had him confused with an enemy of a mob underboss who paid then-detectives Eppolito and Stephen Caracappa to be his criminal "crystal ball," a source of help killing eight of their patron's foes between 1986 and about 1990, Brooklyn federal prosecutors said. (AP Photo/ Louis Lanzano, File)
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(AP) — New York City has agreed to pay $5 million to the family of a man killed after being mistaken for a mobster with the same name — thanks to information the killers gleaned from two former police detectives later convicted of moonlighting as hit men for the mob.

The city Law Department calls Nicholas Guido's 1986 death "tragic" in a statement Friday and says settling is in the city's best interest. The family's lawyer didn't immediately return a call seeking comment.

The 26-year-old Guido was shot outside his mother's home on Christmas.

Federal prosecutors said the gunmen had Guido confused with an enemy of a mob underboss who paid two detectives to help in eight murders. They were accused of carrying out two of those killings themselves.

They're serving life in prison.

Associated Press
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