For the scientist, philosopher, and businessman, see Frank R. Wallace.

Frank Wallace (d. 1931) was an Irish-American gangster from South Boston who ran the Gustin Gang during prohibition in Boston. Wallace was the first Irishman to run the illegal rackets in Boston until he was murdered by the Italians of the North End in 1931. After this the Italians were in control until the 1960s when the Irish gangsters James "Buddy" McLean, Bernard "Bernie" McLaughlin, and the other Irish gang leaders broke away and took over the rackets for them selves. For the next 30 years The Winter Hill Gang would be the top gang of the area.

1931 deaths Irish-American mobsters | Bostonians