A longtime "soldier" to Simone "Sam the Plumber" DeCavalcante and later boss Giovanni Riggi, he became acting Underboss for Girolamo "Jimmy" Palermo following the imprisonment of many high-ranking members in 2003.
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Joseph Miranda served as a made man and loan shark under both founder Simone "Sam the Plumber" DeCavalcante and Giovanni "John the Eagle" Riggi during the 1960s and mid-1970s.
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In early 2007, it was confirmed that after the convictions of Consigliere Stefano "Steve the Truck Driver" Vitabile and Girolamo "Jimmy" Palermo from 2003 to 2006, Guarraci was promoted to "acting boss" along with Underboss, Joseph "Joe" Miranda, to run the day-to-day activities of the DeCavalcante crime family on behalf of the imprisoned Riggi.