[1][6][2] In 1977, Nasso co-created the private label vitamin and health supplement manufacturing company Tishcon Corporation with his college pharmacy professor Dr. Satish Patel.
In 1992, Seagal/Nasso Productions signed a deal with Warner Bros. for four films — On Deadly Ground (1994), Under Siege 2: Dark Territory (1995), The Glimmer Man (1996) and Fire Down Below (1997), all of which Nasso produced or co-produced.
Seagal/Nasso Productions subsequently pre-sold foreign rights to four films in which Seagal was scheduled to star — Blood on the Moon, Genghis Khan, Smash and Grab and Prince of Central Park.
Gambino family captain Anthony "Sonny" Ciccone first visited Seagal in Toronto during the filming of Exit Wounds in October 2000.
[12] In January 2001, Primo Cassarino and other mobsters picked up Seagal by car to bring him to a meeting with Ciccone at a Brooklyn restaurant.
[16] In the spring of 2001, Seagal sought out another mobster, Genovese crime family captain Angelo "The Horn" Prisco, to act as a "peacemaker" in the dispute.
According to the suit, Nasso and his company had suffered substantial financial losses as a result of Seagal breaching a contract to star in four agreed upon motion pictures.
[18] Nasso was arrested by the FBI at his Staten Island home and charged with two counts of conspiracy to commit extortion.
[13][18] The charges against the Nasso brothers stemmed from a wider investigation into Gambino family boss Peter Gotti and other senior mobsters.
[19] On February 17, 2004, he was sentenced to a year and a day in prison, fined $75,000 and ordered to take mental health counselling on release from jail.
[23][24][25] During the sentencing hearing, the judge questioned the government's decision to label Nasso a Mafia associate, instead describing his conduct as "aberrant" behavior from an otherwise law-abiding man.
[13] After serving ten months of his sentence, Nasso was released from the Federal Correctional Institution, Elkton, Ohio, on June 28, 2005.
[13] He founded Julius R. Nasso Productions[date missing] and made movies including Prince of Central Park (2000) and One-Eyed King (2001).
[6] On March 14, 2017, Nasso made headlines when two ponies belonging to him escaped from their barn during a snowstorm on Staten Island.