◆ SpookStack

4 ty Sen, . ‘ \ — wa | ! ¥, ME 87-16994 oo 217 _- o . Altbough this wire was received, Bo payments were received from Air Cargo Express and altimtely cas of ELVIS PRESLEY's pilots went to Miami to retake the plazse. Upon its return to Memphis, its log book was reviewed and revealed that mone of the funds in excess of a quarter of @ millice dollars which had been paid out apgrading and modifying the plase to qualify it for 121 Maintenance had been applied to the plane. SMITH summarized by enying that PRO, through various ecrporations ander his control, edtained over §200,000 from PRESLEY by representing these funds would be aped to upgrade the aircraft to qualify it for 121 Maiztenasce. PRO also @ent various checks which vere subsequeatly dishomored by the banks on which they were ¢ravwn. Over $40,000 was paid to BASZNER of World Aircraft Exchange for work to be performed oa the sircraft, which was mot accomplished. SMITH has since been told that PRO has Jeft the country for England and the Air Cargo Express effice in Miami is sot in operation. Ia addition, referring to actes maintained by his associate, FRANK J. GLANKLER, JR., it was determined that BASZNER had been called en November 3, 1976, by telephone. The answering party advised that he was aot there bat that -BOBERT CAGGIANO was available. This was the first indication, Bovember 3, 1976, that CAGGIANO was an official ef Yorid Aircraft Exchange. SMITH believes be is the Presidest ef the corporation. BASZNER, according to the sotes, ealied Memphis back aad allegedly elained that U.V.P. would withhold Gisbursements antil sech times as the individual work was dose. crash worthiness. BASZXE, bad arranged for the purchase of the plane, received a ecusission for this, bet PRO hed told him that a woice recorder and other equipment were being provided for the plane. BASZNER received aboat $45,000 to provide the fimascing and technical grogram and was following ap the certification ef the plane and would verify its appraisal. Allegedly BASZNER had five checks from PRO, all ef which were bad. 19