Reader Ad Slot
Reader Ad Slot placeholder
If you would like to support SpookStack without paying out of pocket, please consider allowing advertising cookies. It helps cover hosting costs and keeps the archive free to browse. You can change this choice at any time.
John Jake the Barber Factor — Part 3
Page 20
20 / 44
; eee ee nen ammo “,
. FD-450 (Rev. 7-16-63) ;
Ww
a ‘Jake the Barber’ F actor Tiec :
CHICAGO — (UPI) — Formy | cee
er international confidence Wa "
John Sameer arb eae :
Janek TTT. Ce help bal aut
of financial troubles @ Florida
housing project in which James
R. Hoffa was allegedly embroil-
ed, a withess testified Tuesday.
Bir OP of Beverly Hilts,
Calif., introduced info Hlofta y\
“aud and conspiracy trial the
name of Factor, now & million’ .
aire West Coast real estate
operator with a reputation for
philanthropy.
e
. «8
, LINK TOLD a Federal Court
‘jury. that the Joan was re-
-quested by Benjamin Dranow,
one of seven co-defendants who
has been named as the middle
man in obtaining millions
dollars in Inans from the Team-| to their own uses.
sters Union pension fund. The Government
Hoffa. president of the Team-‘that the defendants
Witnesses have testified that $490.000 in
Dranow on occasion referred to
Hoffa as “the bors," and one
witness said part of an “under
the table’ payment for get-
ting a pension fund loan was
destined for ‘the boss.””
Hoffa, Dranow and the other
defendants are accused
of fraudulenJg_ablalging more
than $25 million in pension
fund loans and diverting more
B3 al A
Not. RECORDED
46 JUN 19 1964
7
Ss
Loses |
‘
———e
yo —
a
(Mount Clipping In Spoce Below)
of than $1.7 million of the money ‘and his
contends Link said, the
conspired to the Fidelity Bank of Miami,
sters, is a trustee of the fund.!to siphon .off Guanesv mt free Fla.
Teamsters funds! Factor rose from a hair-
a teil EE re res ee
7 7 .
Myr,
Mr.
Mr.
its
Wir.
Mr. Ce >
Mr Tents
Toi. Gr
Mr. Iie~c> SG
Ms. Sut! mache
Mr. Tavel ...
Ms. Tretter oo
Tele. Room...
Miss Holmes__.—
Miss Gandy.
eee
Tolson.____--
Betmont..._-
Mohr...
rey
RECNR
ib
CO
(indicate page, nome of
newspaper, city and state.)
which Hoffa had doposiiad.in #
Florida. bank as security m a
Joan the bank had given to the).
fieundering Sun Valley, Inc.,
housing development. .
Link testifief’ that Dranow:
asked him t go to Factor for)
a loan after Dranow had helped.
the First Berkeley Corp., @ firm,
in which Link was an ofticer, |
4
\
obtain a $2.9 million loan from
the pension fund. .
“We have to divert some,
money to the Sun Valley prob-|,
lem,” Link quoted Dranow 85:
saying. }
SA Detroit Free Prest
“Detroit, Miche _
-
ae
oe ¢ @
FACTR REFUSED to make
the Joan directly to Dranow,|
Link testified, but made out!
checks of $62,500 each to Link,
partner, Maury Ran:
Dranow's instructions, ,
‘doiph. At
money was sent
| nipping job in # @it-rate bar-'
bershop in Chicago through a
tnear-legendary career a8 a Con-,
ifidence man, to Federal prison;
fon a fraud conviction, and to.
‘great wealth in California real.
"t dealings.
6/10/64
Edition: Metro Final
In 1933 Factor charged that © Date:
he had been iddnaped and
| held for ransom by Chicago
ganster Roger (the Terrible) Author:
. Touhy, and Touhy, protesting Editor: Lee Hills
, his Annocence, Was sentenced . .
' to 99 years in prison. i Title:
Touhy charged that he was.
framed by Factor and by,
Touhy’s arch enemy in the
underworld, gang czar Al | Character:
Capone. He said Factor's mo- or
‘tive was to escape prosecution
on a British charge that he Classification:
Detroit -
‘swindled investors out of 37 Submitting Office:
imiltion in & Rhodesian diamond
mine venture.
Factor served &
y
term in the United States for
fraud. He was released and:in
oO Being Invest! gated
——.
962 recel tet w-tult pardon from <U
ardon from the late Presi-
dent Kennedy shortly after the
migration Service started de-.
jportation proceedings against
Reveal the original PDF page, then click a word to highlight the OCR text.
Community corrections
No user corrections yet.
Comments
No comments on this document yet.
Bottom Reader Ad Slot
Bottom Reader Ad Slot placeholder
If you would like to support SpookStack without paying out of pocket, please consider allowing advertising cookies. It helps cover hosting costs and keeps the archive free to browse. You can change this choice at any time.
Continue Exploring
Agency Collection
Explore This Archive Cluster
Broad Topic Hub
Topic Hub
letter
bureau
Related subtopics
Subtopic
Subtopic
Subtopic
Subtopic
Subtopic
Subtopic