Multimillion Swindle Claims Decried By Ex-Director
Former Home-Stake Production Co. chairman Robert S. Trippett disputes Wall Street Journal reports of a multimillion dollar swindle involving 2000 investors including actors and politicians. He cites pending litigation and says allegations against him lack proof while SEC probes and about 25 lawsuits loom. The firm’s assets were taken over by Husky Oil Co. after bankruptcy.
MENTIONED IN THIS ARTICLE
Associated Press
Robert S. Trippett
Wall Street Journal
Journal
Trippett
Securities and Exchange Commission
Tulsa
Okla
Herb Smith
Home Stake
Jack Benny
Barbra Streisand
Bob Dylan
Walter B. Winston
New York
First National City Bank
James Shepley
Time Inc
Santa Maria
Calif
Husky Oil Co
Cody
Wyo
Santa Barbara
Joe Green
Home- Stake
Home-Stake
Mini cars model T key ring replica
Functional mini car in the form of a key ring. Faithful reproduction of the Great Gatsby era car with movable wheels, scaled down for display and play.
Rockets launchings scheduled for 54 probes into ionosphere
NASA at Wallops Island plans a 24 hour rocket run to study the earth s upper atmosphere. Weather delays threaten the 54 rocket program that would produce a vivid sky display along the East Coast from Florida to Massachusetts. Over 100 scientists from the United States Canada Great Britain and West Germany participate in the first concentrated ionospheric probe.
MENTIONED IN THIS ARTICLE
Wallops Island
Florida
Massachusetts
NASA
United States
Canada
Great Britain
West Germany
National Aeronautics and Space Administration
Seaboard
Russ Philbrick
Guerrillas Unnerve Lebanese Villagers Near Border
In Arkoub near the Israel border villagers say they want peace and a government purge of guerrillas. Palestinians, entrenched in the region, threaten reporters, while Israeli barriers and minefields guard the frontier. The area sees artillery, and Nahariyya guerrillas killed four Israelis after slipping into the port city.
MENTIONED IN THIS ARTICLE
Lebanon
Arkoub
Ministry of Information
Emer Sacrament
Beirut
Israel
Mt. Hermon
Biblical
Fatahland
al Fatah
Michael Abbla
Marjayoun
Nahariyya
Nixon
Moscow
Wine Fraud Suit Targeted United Virginia Bank
Two Virginia firms claim they were harmed by a wine investment scam and sue United Virginia Bank National Canal Corp. and Resources Evaluation and Development Inc. for 24 million dollars. They allege the bank aided the scheme by approving loans without proper investigation while the SEC says Ridge Associates and Robert D. Johnson promised investors 30 to 100 percent returns.
MENTIONED IN THIS ARTICLE
Alexandria
Virginia
Securities and Exchange Commission
United Virginia Bank National
Canal Corp. and Resources Evaluation and Development Inc
Virginia Bankshares, Inc
T.H. Flinn
Bank Holding Company
SEC
Robert D. Johnson
Ridge Associates
McLean
Stilt
John D. Schrott
SCC
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