Released under the John F. Kennedy Assassination Records Cortection Act of 1992 {44 USC 2107 Hotes. OSE DATE: 11S Ane UFao, 10 4 oN vy | “TMAY--1962 EDITION . ; . wie a GSA GEN, REG. NO. 27:, . . ¢ . ae a ; ‘Tolson . *~ Memor JM pe | « Callahan f Conr ‘ : Qe . q (Ce TO : Mr. DeLoachy) DATE: May 27, 1969 Rosfn 5010-106" WNITED STA I Sullivan yeni Trotter Tele, Room Holmes Gandy FROM : Jo He Gale| ~ supect: "WALL STREET JOURNAL" ARTICLE | be OF MAY 27, 1969, REGARDING SMALL ) ie BUSINESS ADMINISTRATION LOANS TO (yy | ft ORGANIZED CRIME RECIPIENTS y ““56P Heeb sf PROGR TY ~GEWETHE RAG ittatates ' 27 The "Wall Street Journal" of May 27, 1969, carries an article indicating that four additional Small Business Administration (SBA) loans to organized crime connected recipients have been identified through that agency's loaning procedures. This article describes the general ¢ circum - stances of each loan but does not identify the recipients. fp aff f Through liaison contact with SBA on May 27, 1969, it was VA learned from Mr. William Bowling of that agency that the loans referred to in the captioned article are as follows: me - 1) Loan of $125,000 in 1967 to Jasper JosephMirabile, - - operator ofasper's Italian Restaurant, Inc., Kansas City, Missouri, . SBA records indicate that an FBI name-check request was answered on > July 6, 1966, and that SBA was advised that Mirabile had been arrested : by the Kansas City, Missouri, Police Department on February 24, 1953, for disturbing the peace and was fined $25. Our files show that pursuant to a name-check request received | from SBA during December, 1967; SBA was furnished with a letterhead | -| memorandum on January 9, 1968, setting forth detailed information regarding % ‘| Mirabile's background, including his association with a number of leading | Kansas City hoodlums and information indicating that he had served as a "front" for the Kansas City racket element in operating restaurants and” lounges. This memorandum also included data regarding | a number of arrests of Mirabile in Kansas City. Enc, | ENOLOSURE DNRECORS BD Be YUREDW 62-00; 97 Se ny a I cn 1 - Mr, DeLoach © 1 - Mr. Rose 6?-F-|/fy . ! 1 - Mr. Rosen wy) a: WV a ” ros 1 - Mr. Gale Ls oF Ss 17 JUN 8 1969 9} - Mr. Staffeld yun 8 er -. Ox , _ x Sit JON 1 aegggmery - & Ss CONTINUE D =OVER | TJE:rdr ae ! | | DoclId: 32330801 Page 2? , . .
PReleased under the John F. Kennedy Assassination Records Collection Act of 19929 (44 SC 7107 ote. DATE: 11-14-2017 "oe . ‘ . . ir | se +o 9: | Memorandum to Mr. DeLoach Re: "Wall Street Journal” Article of May 27, 1969, Regarding Small Business Administration Loans to Organized Crime Recipients oan of $98, 000 in 1965 to Anthony PaulMWiardllo,” Sr. , Sea Shell Motel and Lounge, Grand.Isle, Louisiana. | BA, this was a disaster loan and no name-check request (2) operator of th According to -was made. eens aes The only reference in ouf files to Marullo pertains to an inquiry conducted by the New Orleans office in their continuing investigation of La Cosa Nostra "boss" CarlospN arcello in connection with Marullo's | ownership of a number of parcels of land in Grand Isle, Louisiana, including . | \ | one parcel on which the Sea Shell Motel is located. (3) Loan of $210, 000 in 1967 to Nofio’Pecoraro (wife - Frances Pecoraro) of New Orleans, Louisiana. According to SBA, this was a a disaster loan and no name-check request was made. Pecoraro has lived in New Orleans, Louisiana, most of his life where he has been variously employed as a bartender, used car dealer, and part owner of a restaurant in the New Orleans area. He has been associated with hoodium figures including Carlos Marcello. (4) The loan of $24,000 to John F,¥LaBruzzo, operator of} . YOster Vandalarm Systems, Inc., 4600 Rosalia Drive, New Orleans, 7 “Louisiana, Giriig 1966." This also"was~a-disastér loan and SBA made} , g, no request for a name check. By letter dated March 15, 1968, SBA ; referred this matter to our New Orleans office for a Fraud Against the Government investigation inasmuch as their inquiries in connection with LaBruzzo's loan indicated fraud in connection with his application for\the loan, The results of investigation by our New Orleans office have been. referred to the U. S. Attorney, New Orleans, 2c. awaiting a prosecutive opinion.* LaBruzzo has been reported to be an errand boy for Carlos . Marcello, New Orleans La Cosa Nostra. "boss. " — !  ermiivar aad ar - -2- / | *Information just received from New Orleans indicates LaBruzzo indicted under Title 15, Section 645, U.S. Code, for making false statement to SBA. 5 Docld: 32330801 Page 3
Released under the John F. Kennedy Assassination Records Collection Act of 1992 (44 se FO? “Ro ter. DATE: 11-14-2017 a | Memorandum to Mr. DeLoach Re: ‘Wall Street Journal" Article of May 27, 1969, Regarding Small Business Administration Loans to Organized Crime Recipients OBSERVATIONS: Of the four loans in question, the SBA made no name -check request with regard to three of these transactions. The fourth loan to Mirabile involved an FBI name-check request in which SBA was furnished i detailed data regarding Mirabile's criminal background, associates, and arrest record, ACTION: . i For your information A copy of the captioned "Wall Street | J Journal" article is attached. hoof a os 7 a aaa DoclId: 32330801 Page 4