[toetorsotoryy .. D7 twctassiFten | Os ee Cl conr’nTIAL «=A. SECRET AC EES AE TNE pe, : _—_ ROUTING AND RECORD SHEET SUBJECT: (Optional) Chief, Central G&¥e: Nononicial Covet 1-A-20 [ 26 MAR S03 TOs. (Officer designation, room number, and : os , building) OFFICER'S COMMENTS (Number each comment to show from who INITEALS. ; fine. to whom. Draw a: line: acrass. column after each comment, Office of Security (Attn: Mr. Bannerman) o— [1] INTERNAL, ~ "T7] UNCLASSIFIED sor 610 “tomers IN SECRET (_] CONFIDENTIAL
14-90000 FSI, in his management. MEMORANDUM FOR RECORD SUBJECT: The Wackenhut Corporation 3280 Ponce de Leon Boulevard Coral Gebles, Florida i. Mr. Bannerman, Security Office, arranged through Chief, CCS for the writer to meet Mr. Geor Wackenhut, President of subject, to explore its potential for cover| support. At 10:30 a.m., on 14 March 1963, Mr. Wackenhut, Mr. Wes Reynolds, and I met at Mr. Reynold's home, 3809 37th Street, North, Arlington. - Mr. Reynolds epparently represents Wackenhut in the Washington area, although I did not gather that the firm is. actually operating here at present. Mr. Wackenhut and Mr. Reynolds, both, are ex-FBI agents. 2. Waeckenhut started his firm in 1954. In 1961 it was reported to have 1100 employees and anticipated 1961 sales in excess of $5 million. At present it has offices in Miant, Coral Gables, Tampa, Jacksonville, Philadelphia, New York City, Boston, Buffalo, Denver, Los Angeles, San Jose (calif.) ; Honolulu, Sen Juan and Ponce, Puerto Rico. Wackenhut freely states that he trades on the reputation of the FBI by publicizing widely the 21 ex-FEI agents, including two former Assistant Directors of the 3. The Operating Divisions of the company and their services ere described in a Wackenhut brochure as follows: Investigative Division. . Performs all types of investigations for attorneys, insurance companies, banks and other businesses; sets up internal audit systems to prevent embezzlements, and investigates personal back- grounds of prospective executives, business partners and associates. Scientific Services Division Conducts pre and post-employment, pre-promotional and L spect fle lie detector examinations for business and industry; speciel~ izes in technical security and investigetive techniques, scientific detection devices, and electronic and mechanical security methods and equipment, and performs electronic "sweeps" to counter business espionage through the detection of electronie intrusion attemts.
14-00000 4 ¢ Internal Intelligence Division Specializes in exposing and controlling inside thefts that may range from employee pilferage, through embezzlement of thousands of dollars, to highly valuable industrial secrets. Central Clearing Division Assists personnel and security directors to sereen quickly the backgrounds of present end potential employees through the messive files of The Waekenhut “orporation. Retail Store Protection Division Increases net profits by reducing inventory shortages through the control of internal end external losses with security programs Gesigned to meet the client's specific needs. Training Services Division - Provides specialized training programs for security, fire fighting, investigative and other personnel of business orgenize- tions and professional groups. Industrial Security Division Provides the essential security services that are required by all companies seeking or handling government classified contracts; assists management in disaster and emergency planning. Fire and Safety Division Supplies ambulance services, first eid crews, Wackenhut fire- men fully trained in the technical field of industrial and mmi- _ Cipal fire fighting and equipment, and safety surveys, systems, and edueational programs. ’ Guard Forces Division Selects, investigates, trains and supervises the uniformed end plein-clothes guards who protect your operations; also provides uniformed receptionists and guardettes; makes physical property surveys to determine security requirements and establishes security systems and controls. 4, My. Wackenhut wants to expand abroad, in view of his successful venture into Puerto Rico. However, he has no definite plans as of the present and seemed to be seeking from CIA covert x sponsorship] for entry into areas of interest to us. He is pre- pared to furnish personnel hinselt| ls 5- It is not epparent to me that there is any significant market for Wackenhut’s services in foreign countries, except possibly among American businesses with physical plants overseas. The nature of these services, I would presume, would make rather difficult acquisition of the necessary occupational permits in many countries. The potential for clandestine intelligence acti- vitles would be too Spvious to host governments, and the emphasés RS
74-90000 toe ia & * s ~ , a € «3 = on former FBI persomnel probably would enhance such suspicions, particulerly in Latin America where ‘FBI" means "intelligence" since its WW IT activities there. 6. CC8/NC on occasion receives requests for advice to busi- ness orgenizations as to setting up security systems at overseas installations. We recently referred a request of this type, involving a major oil company, to the Physical Security element of the Security Office. Conceivably, the Agency might make some arrangement to advise Wackenhut of such requests, providing our own Security Office is satisfied as to Wackenhut's ccmpet engi could then | if desired, & compeny successfully secure the contract. T- Waeckenhut seid he would be willing to dispatch teams to ‘set up personal security systems for foreign chiefs of state whom the Agency wants protected. He is amenable, in fact, to any reasonable application of his capabilities to Agency problems. He would be willing to negotiate financing in equitable propor- tions in the event an overt operation, set up at Agency behest, were not financially self-susteining. 8. Wackenhut impressed me as a clean-cut, energetic, ambitious young business man who is obviously proud of what ea 3 to be a superior organization of its type. He is interes profits, but it is my impression he is sincerely eager to do what he ean to essist the government and feels that CIA offers one possible oppor= . -tumity. Incidentally, he appears somewhat younger in person than ___ in the pictures appearing in the promotional material given the writer. ‘9. Copies of this memorandum are being furnished those Agency - components which might have an interest in utilizing subject come peny. Inquiries may be directed to the writer. FRED RB. YOUNGBLOOD Chief, CCS/HC