Agency: FBI
Originator: FBI
From: ZACHRY, CLAY JR.
To: DIRECTOR, FBI
Document date: 11/26/1962
Document type: PAPER, TEXTUAL DOCUMENT

## Page 1

Released under the John F. Kennedy Assassination Records Collection Act of 1992 (44 USC 2107 Note).

DATE: 11-14-2017

JFK Assassination System

Date:

5/1/2015

Identification Form

Agency Information

AGENCY: FBI

RECORD NUMBER: 124-10301-10192

RECORD SERIES:

HQ

AGENCY FILE NUMBER: 63-7985-16

Document Information

ORIGINATOR: FBI

FROM: ZACHRY, CLAY JR.

TO: DIRECTOR, FBI

TITLE:

DATE:

PAGES:

SUBJECTS :

11/26/1962

23.

ISW, ADO, JHO, BROWNSVILLE SHRIMP EXCHANGE AND

COLD STORAGE CORP., TEAMSTERS UNION PENSION

FUND, B/F INT

DOCUMENT TYPE: PAPER, TEXTUAL DOCUMENT

CLASSIFICATION: Secret

RESTRICTIONS: 1C; 4

CURRENT STATUS: Redact

DATE OF LAST REVIEW: 03/11/1997

OPENING CRITERIA: INDEFINITE

COMMENTS :

INC A/T

v9.1

DocId: 32309926

Page 1

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Releaset under the John F. Kennedy Assassination Records Collection Act of 1992 (11 056 2107 Hote) -

DATE: 11-TT-2017

AIRIEL TO SACS, SA, CG, MI

RE: JAMES RIDDLE HOFTA, IRVIN S. WEINER

63-7985

with which he dealts concerning BSEC insurance, should be obtained.

Traurig should be thoroughly questioned concerning his associations

dealings with the Dorfmans, Weiner,

Hoffa, Stewart Hopps,

the various insurance firms mentioned in

rerep. Copies of

all available pertinent documents in his possession should be

obtained and a listing made of all payments made by or received

Appropriate Inquiries should be made to determine if

any kickbacks or rebates were made by him or requested.

(2)

Contact should be made with the Florida-Caribbean

Underwriters of Miami, along the same lines as set forth above.

(3) Through appropriate established contacts in Nassau,

Bahamas, contact should be made with John Kearney and Inter-

continental Insurance and Surety Company along

the same lines as

previously mentioned:

For the information of all officesta confidential source

abroad has advised that Intercontinental Insurance and Surety

Company (IISC) was incorporated in Panama and operates in the

Bahamas as a branch of a foreign company with

"non-resident" status

for exchange control purposes.

According to the source, IISC

norges in underwriting all classes ot incurance Inteinationally

(reinsurance) •

Dad I. Kearnay vas identified da & local manager 5)

This source learned that IISC is doing a good legitimate

business and funds injected for insurance purposes are presumed

to be union funds from the Southern States, placed through a man

named Hopps, who is known to be a "placer"

for union funds,

generally,

and for Teamsters money in particular.

The source

further learned that list, through its resident subsidiary, inter

continental Life and General Insurance Company, Limited, (ILGICL)

will be doing business in the Bahamas in connection with health,

welfare, group, pension and casualty policies. (g)

This source received

Information to the effect that

officers of ILGICL include H. M. Taylor and Preston Albury and

other union leaders in the Bahamas.

It was reported that Hopps

is a close associate of Hoffa's and reportedly is placing union

funds through this latter company. (g)

= 3-

SHOREY

63-798516

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Released under the John F. Kennedy Assassination Records Collection Act of 1992 (11 US 2107 Hote).

DATE: 11114-2017

ECRET

AIRTEL TO SACS,

SA, CG, MM

RE:

JAMES RIDDLE HOTTA, aRIN S. WEINER

68-7985

According to Bureau files the Hopps mentioned above

may be identical with Stevart B. Hopps,

a millionaire manipulator of

insurance companies. This Hopps was indicted 7/13/60 by a

Federal grand jury,

Baltinore, Maryland in two counts, charging

use of the mail to

defraud in

connection with mailing

false

financial statements of the International Guarantee and Insurance

Com=

pany of Tangiers, Morocco, to Maryland State Insurance Commissioner

and the Baltimore Better Business Bureau in February, 1958.

According to information received from a confidential

source abroad, on 17X5/62, John Michael Kearney was Secretary-

Treasurer of the Intercontinental Insurance and Surety Company

in the Bahamas. According to

this source, he was born 3/20/93

at La Plato, Maryland, and had an address

Vallinta #21, Mexico, D.I (5)

During the course of the investigation outlined herein

it is important to establish the use of the mail and/or wires,

as well as

the interstate transportation of funds in excoss of

$5, 000.

In addition, it is of prime importance to ascertain

there was any fraud involved in handling of the insurance

transactions with BSIC. Based on inforation provided by Sanches,

it appears probable that Dortman,

Traurig and/or others may have

diverted certain insurance premiums

rather than applying these

funds to the purposes for which intended.

The above items are

not to be construed as all-inclusive and any other points deemed

logical should be completely resolved. This matter is to be

afforded prompt and continuous investigative attention by all

offices.

NOTE:

Bureau files contain no pertinent information concerning

Florida-Caribbean Underwriters of Miami, American and Overseas

Underwriters, or Leonard Traurig, other

than contained in captioned

case.

Information set forth herein concerning John Michael Kearney

and Intercontinental Insurance and Surety Company was obtained from

Bureau file 63-7312, which was furnished the Bureau bybStott, British

Intelligence by memoranda dated 12/15/61 and 1/15/62Js)Information

set forth herein concerning Stewart B. Hopps was obtained from

Bureau files 63-4296-47-31 and 62-71236.

-4-

SECRET

63-7985016

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