aa ET = = a ee t AGENCY : RECORD NUMBER : RECORD SERIES : AGENCY FILE NUMBER : ORIGINATOR : FROM: TO: TITLE : DATE: PAGES: SUBJECTS : DOCUMENT TYPE: CLASSIFICATION : RESTRICTIONS : CURRENT STATUS : DATE OF LAST REVIEW : OPENING CRITERIA : COMMENTS : v9.1 | HW 56792 DocId:32334109 JFK Assassination System Identification Form Agency Information FBI | 124-901 10-10102 HQ SEE TITLE Document Information FBI ROSEN BELMONT [Restricted] u 07/27/1961 2 JOSEPH RAYMOND MEROLA _ [Restricted] PAPER, TEXTUAL DOCUMENT Unclassified 4; 10(a)2 Redact 08/06/1998 INDEFINITE MEMO Page 1 Date: 6/2/2015 Released under the John F. Eennedy Assassination Records Collection Act of 1992 Case#: NW 56792 Date: {44 USC 2107 Note). O4—-11-2016 a
. * Tolson “FORM NG, 1 : : OPTIONAL “FORM Ne ° a C . . Belmont ———_ = “UNITED STATES GOVEP™ ‘weiNT nr are ao Gn . LY —Z M. emorandum. 2 bec Cok Maione ! Rpsen pate: July 27, 1961 . nt Tavel TO: Mr. Bely 1 va Trotter | oO . “ . Tele. Room ; - . Ingram ; ? FROM : . A, Rogen. Gandy . ae \Ze SUBJECT: cursrexocuowski Gy Ue | INTERSTATE TRANSPORTATION OF STOLEN PROPERTY - TOP JEWEL THIEF /|— Chester, Zochowski, confidential informant of the Miami. Office since ACA 60, has advised of an alleged scheme to defraud through. the inflation of across~the~ counter stocks and the. disposal of these stocks at'an inflated price. TAR Zochd ski has identified the principal individual involved in this . scheme as ArthurYFx eedman,. a ‘Miami! attorney, reportedly a friend and associate of Samay, i_Beach yy " illionaire-financier who is an associate _of criminals. This informant statésthat Freedman is alleged to have. inflated. the value of three stocks by selling and buying to/his own interest at a cost to him of reported $60,000. These stocks were: described as the American International (Baltimore, Maryland), a utility company stock of Tampa, Florida, and the nsporiaton Research and Development.Company stock ‘7 whose. home office is u Ow These. stocks a are “e all. across-the-counter : . stocks with a paper value in excess of one million dollars; however, there are no buyers. of these stocks at,that value. . . fla Sagal, Newark,..New.Jersey, whois a possible witness and subject-.in the’ John Jacob Sz Samarin case involving counterfeit Ohio Turnpike ’ bonds which case has been presented to the Federal Grand Jury.in Miami, , b Florida,’ reportedly is to dispose of $1, 003, 000. worth of these stocks at an unknown‘bank in Boston, Massachusetts. These stocks will be. put up as security on: a.loan.and. when the loan is. defaulted the. stocks. will have. little . ‘relative value, or ® J Fm b AS ss St 3b Zochowski further advised.that Nese stocks were allegedly purchased originally for: approximately one dollar'a share and through the buying and a selling of these stocks by Fréedman and through his interest they have been : Sh ‘inflated to approximately . $10 a share. A group of individuals involving id, _ a.well-known Pittsburgh. racketeer_ and_ hoodlum, JosephtMerola,. convicted - ’ for the theft and Eransportation. of g guns from an. armory in Cantons Qhio 28 19 2g) ¢ - pe IGF: raj ALL INFORMATION CONTAINED i we FEIEQ = = & UNCLASSIFIED 8) G6AUG3 1964 — iscave2oezf request Pails 1 SLB Stnfbee 1- Informant Desk. Special Investigative Division DAR ts (See Bufile #62-117290) aa x | HW 56792 Docld: 32334109 Page 2
|) 56792 Docld: 32334109 Page 3 ca NS Memorandum to Mr. Belmont RE: CHEST cic ES, who has been out on bail pending his appeal which was denied, , MR Swiatek, reported Chicago-burglar and friend of Merola have offered. to dispose of these stocks.for Freedman, Also.included.in this group is’ the. informant, Chester Zochowski. They will dispose of these stocks through Sagal and have offered Freedman $4 a share for the stocks; however, he is asking $5 a share. This group.contemplates disposal of these. stocks through a a bank or as collateral on a loan at abetween $7 and $8 a share. The Miami Office. has. ascertained that the Se ities and Exchange Commission (SEC), Miami, Florida, is investigating the\American Interna- tional (Baltimore, Maryland) and. contemplates obtaining an injunction against the sale of the stock of this company within the. near future. ACTION: Although. the. above. scheme involves possible violations primarily within the jurisdiction of SEC, the New York, Boston, Miami and Newark Offices. will. thoroughly explore all facets of this scheme based. on information supplied by Zochowski in order to completely identify all individuals involved as. well as the companies being used to ascertain whether this, scheme _constitutes violation within this Bureau's jurisdiction... This matter is being closely followed.