NEW YORK (WCBS 880) – A trial has been set for an aging, down on his luck mobster after being arrested for attempting to rob a man trying to sell a diamond engagement ring.

Police arrested 65-year-old Gerald Degerolamo after witnesses saw Degerolamo spray a man with mace who was selling a diamond engagement ring.

 LISTEN: WCBS 880’s Irene Cornell reports

Degerolamo had found the seller, David Cushman, on Craigslist and set up a meeting on Christopher Street to buy the ring on Dec. 26.

In his mafia heyday, Degerolamo, an associate of the Lucchese crime family, pulled off a daring $3 million armored car heist. That was 1989.

Then he escaped from a federal prison, only to be caught after another armored car heist, a so called “Trojan Horse Scheme,” which involved hiding a very small mobster inside a crate that was shipped to the armored car company so he could scoop up cash.

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