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INDUDS s S2NCS G2Lii LO0LTCAL ANVEStIgation nas pee. conducted in this matt _.*d because no Federal v: ‘ton could be proved and als.'! gmmuse of the fact that cg Robert L. Teig of Cedar x Iowa, indicated he wo not be able to ever prosecute this matter based on the results of the FBI's investigation, this case should be closed. P. ©. Box 548 Omaha, Nebrask January 11, 2 Mr. James H. Reynolds United States Attorney Cedar Rapids, Iowa Attention: Mr. Robert L. Teig Assistant United States Atté Re: Purchase of a 1955 Chevrolet Corvet& of Oelwein, Iowa Dear Mr. Reynolds: The purpose of this letter is to conf a ephone conversation between Special Agent (SA) of our & 4 Cc Waterloo, Iowa, Office and Mr. Robert L. Teig of your Cedar Rapids, Iowa, Office on September 23, 1981, at which time the following facts were presented to Mr. Teig: In February of 1981, the Consumer Protection Division of the Iowa Department of Justice, Des Moines, Iowa, requested the assistance of the PBI regardi e interstate fraud violation which occurred when Mr. £ Oelwein, iowa, purchased a red 1955 Chevrolet Corvette obile at the Kruse Antique Car Auction in Atlantic City, New Jersey, in February of 1979. aid $34,000 for the automobile, D which was sold as a car p lously owned by Elvis Presley. According to documents furnished with the car at the time of the auction, the Corvette was sold to Elvis Presley of Memphis, Tennessee,on January 18, 1955, for $3,864. The automobile had a 195-horsepower "Turbo Fire V8" engine with a three-speed manual transmission and a Wonderbar signal-seeking radio. After SEF cturnes to Oelwein, Iowa, with the car, he received several letters from Corvette enthusiasts . throughout the United States informing him that the car was at equipped with original options as indicated on the bill of sale, because those options (the three-speed manual transmission and the Wonderbar radio) were not available in January of 1955. 1-USA, Cedar Rapids, IA l-Mr. Gene Battani, Consumer Protection Division Towa State Department of Justice “ya “Af 41 b 2 Ry Serialico > ndexre —— Fitwa a | / c