| ‘| (124-10207-10115 v9.1 HW 40953 _ 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: . Doctld: 32291339 JFK Assassination System Identification Form Agency Information FBI 124-10207-10115 HQ 62-9-29-713 Document Information FBI EVANS, C. A. BELMONT 08/30/1963 2 CIP, SIGELBAUM, BENJAMIN BERTRAM, B/F INT, GAMBLING PAPER, TEXTUAL DOCUMENT Secret > Consulted; 1A ; Redact 09/30/1998 APPROVAL OF CIA, TRS REFERRED TO TRS _ Page i Date: 4/28/201
5 , ¥ 4 be Steal | Tolson Belmont Mobi Casper yj Memoranai - a Conrad C COR FE August 30, 1963 cu — = TO : Mr. Belmo Y-2G-96 von CLASSIFIED BY 466£ S$ dD [KS Helmer DECLASSIFY ON: Cone) @ SUBJECT: CRIMINAL INTELLIGENCE PROGRAM JF. € MIAMI DIVISTON-——— ee ad FROM : C. Ae Evans th Information was set forth in memorandum dated Auguat 22, , ,1963, that Benjamin Bertram Sigelbaum, who is prominent in the transfer d i and distribution of skimmed funds from the Las Vegas gambling’ ‘casinos, | considered the Swiss banking business to be very lucrative. He | !stated that the banks lend money to African countries at'12 to 15 | lper cent :. interest and they receive government bonds of these countries, which, if defaulted, are apparently underwritten by the 2 : Ue ‘Se Government, ‘The Director has asked "Just how does this: work?" a Zhe, Legal Attache, Bern, has. advised that Jom UP Dinmer |S) Chief 6f. Station, Central Intelligence Agency (CIA), Bern, ‘stated { that. he“has no knowledge of such transactions being made! by Swiss . vem + banks and thought Sigelbaum's allegations sounded extremely doubtful. 4 Charles W. ‘Bass; ‘Economics Section, U.S. Embassy, Bern? advised he has never heard of such loans being made by Swiss banks; He pointed out. that if ‘the U. S. would underwrite against default @ loan to _. ; fale ON , A f an African country, thenthe” African country could easily borrow money in” Switzerland at five or six per cent interest instead of RA to 15 pem cént, Bass regarded, U. ‘S.. underwriting of African poe = to be unlikely. - oa : TO oR AT, E Rig ee A EQ ME iy RUEC ons | IMENT -As set forth in memorandum. dated August 27, 1963, in noes & matter, John Grosvenor, Chief Counsel,’ Bureau of Public Debtyou ies Treasury Department, advised there is no blanket underwriting ofs § uy foreign government bonds by the U. S. Government, although Cy eats particular projects in foreign countries may be underwritten ot on an individual basis ‘through some U.-S. Government agency»? ra OCD 76 ASSiF s THIS p -_ 45- nee / = KP -ortigials ‘Of ‘the Agency for International Develdgment (AID) have advised that this agency has limited authority to underwrite projects: fox: economic, development? of foreign countries, They stated that they h4d not used this authority to underwrite any bond issues of African countries, AR “a zs are oe Fle > EC. 34... bela — 2 F = MS sources and eo. details or basis for, Bis Statements Gn=tirt Pao RAR ED WD sere alee . ACTION a 4 10.97) de np BASE IN‘ py [informat i ion, rah 6 5 28 2 H SBEASEIN| FOTAL “DENIAL + Saad soe ee e1vaon! s Pe llnts mere furnished’ by | aghly; c fing al { | { | i _iW 40953 Docld:32291339 Page 2