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FTE mph moa teat Spey yh ee Ey de neat o | oo Tec io, Tan and Everett A- Whod. : ete amet tt once ‘ > | -MORGENTHAU. SAUD. the: 7 ‘indictment alleges a schéeme to’ ‘ll use-the- assets of Crescent: and; Pakco to gain:control of Cres-. & NEW. YORK: “(DI)” ‘cent. for: Lewis - Colasurdo. and: federal grand: jury has. filed 4 il Bronsen.:AS. charged in thezin-, 45-count: indictment: ; -against 11} dictment; the’ ‘defendants cati , defendants, ” Charging: them! ed’,Pakco- to: sella: blueberry’ ‘with various ‘violations involv: | pl atitation valued at’ $4,000,000: ing sham: corporationis and the | {,. Crescent through two sham: fr. F about: $2.04 000, 000. | corporations -controlled , by ‘the. of defendants. a : : i The indictment: alleges: ‘about: . “include. violations. of securities: | $2.000,000' . -of “the purchase: oo, ti ‘laws, filing: of false. statements |, “price, which: should’ have™ gone* with the government,’ mail and} t, Pakco,. was.diverted through . frauds, . 0b ructio of other’ sham ° corporations con-' at ‘trolled: ‘by: 1 the. defendants: The: “Wwas.; _nitimately ‘investigation. that.» "began in | eer an December, ': 1968, into the, ac- “buy Crescent stoc tivities: ‘of ° Crescent. Corp... “and. ‘Pakco’ Companies. du ing -1965 | ‘to 1967.; - The - rte ‘defendants: ndicted include - ‘Lewis’’ Colasurdo, . a. \ major ‘st fockholdér -of Pakco; ‘and at the ‘time of. the alleged , a . offenses a-major stockholder, | - president: and. director of. Cres- cent. “W he. wel ee. rT. HI ‘Docld: 32260741 Page 42
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