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Elvis Presley — Part 7
Page 75
75 / 100
OO oh,
t)
ew
’
IP 87-22720$
to get the money and return it to Nemphi
mever performed work attributed to it as set forth on invoices
relative to PRESLEY's plane.
oP.
ZNCLOSDRES :
Enclosed for Fraud Section, Criminal Division, U.8.
Department of Justice; Chicago , Illinois ,8trike Force;
Cleveland, Ohio, Strike Force; and U.8. Attorney, Southern
District of New York, one copy each of Memphis report of
| dated August 2, 1977. 4 q a
DETAILS:
Investigation-in this case was predicated upon a request
received from the United States Attorney's Office (USA), Vestern
District of Tennessee, Memphis, Tennessee, wherein they had been
eontacted by attorneys for ELVIS A. PRESLEY, an entertainer,
dndicating they felt a violation of Pederal law had taken place.
“They identified the principal as FREDERICK HN. P. PRO and their
client, PRESLEY, as the victim losing in excess of §400,000.
PRESLEY owned a Lockheed Jetstar airplane which had an
outstanding indebtedness of over $600,000 as of June, 1976.
This plane was sot being used by PRESLEY in his eatertainment
business and he therefore was making payments oa an asset that
was sot generating any return on its capital. Qn addition,
attempts to sell the aircraft had resulted is so success.
In June, 1076, @ meeting was arranged which dacluded the
following people: ve
MANS ACHTMANN, President, UWP Leasing Group, ape
Yew York City. :
NIGEL WINFIELD, President, and LARRY WOLFSON, a
Treasurer, Commerical Air Transport Sales,
Miami, Florida.
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