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0-19 (Hev. 5-27-63) Tolson Belmont Mohr Casper _._ Callahan ______ Conrad —_.____— DeLoach —______ Holf Told Factor Mad gan’ |g SH 5 q : ae ‘Hoffa Jury Told Factor Ma e Loan’. g —> ee a Se eR sen CHICAGO, June (UPI)|money to the Sun Valley prob-|said, the money was sent to | ullivan John (Jack the Barbet} Factor, |lem,” Link quoted Dranow. (the Fidelity Bank of Miami Tavel -\centra) figure a Chicago| Factor refused to make the| Link said Factor lent the - Trotter _|gang kidnaping in the 1030s,jloan directly to Dranow, Linkimoney on a 90-day note in Tele Room lent $125,000 to help bail out|testified, but made out checks |May, 1960, and Link got an | Holmes of financial troubles a Flor- of $62,500 each to Link and his extension on the loan. Link ; Gandy ida housjug project in which James R. SiGroiled, a witness testified |' today... . Irvinf\Link of Beverly Hills, | Calif, brought into the trial |: of Hoffa and seven co-defend-|| ants the name of Factor, now a millionaire West Coast real |: estate operator and philan- thropist. ~ . } Link told a Federal Court jury, that the ‘Joan was re-|' quested by Benjamin Dranow, a co-defendant who has been mamed as the middle man in obtaining millions of dollars in loans from the Teamsters Union pension fund. Hoffa, president of the Teamsters, is a trustee of the fund. Hoffa, Dranow and the other defendants are accused of fraudulently obtaining more than $25 million in pension. fund loans and diverting more | than $1.7 million of the money; to their own uses. | The Government contends that the defendants conspired toe siphon off money to free 000 in Teamster funds which Hoffa had deposited in a Florida bank as security on a loan the bank had given to the floundering Sun Valley, Inc., housing development. Link testified that Dranow to Factor for Dranow’s helped the Corp. & firm in which Link was an officer, to obtain a $2.8 million loan from the pension fund. ne partner, Maury Randolph. offa was allegedly . and Randolph eventu- Linkially repaid Atisaid he instructions, Factor. _° a z The Washington Post and Ao Times Herald The Washington Dally News ———— The Evening Star New York Herald Tribune ~—-——— MF ee New York Journal-American ———— New York Mirror ————____—__——— New York Daily News —.——————— New York Post _ The New York Times —————_—_ The Worker ————_———_——————_ The New Leader The Wall Street Journal —-—_-_-—— REC- 134 . (63-7801 - A ; NOT RECORDED _ 46 Jun 17 1964 & ° — —— —— rv The National Observer —_—_—_—. Date b= (44 6 mv 3-700), r ’ ae