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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - July 28, 1971, Lethbridge, Alberta July 31, THE UTHMIDGE HKAID IS VINCENT TERESA Spills the beans Racket chiefs named WASHINGTON (AP) The self-described grandson of a Mafia don gave senators Tues- day names of men he said are kingpins in organized crime in the United States. Vincent C. Teresa, 42, serving n five-year prison sentence for interstate transportation of sto- len securities, sketched the framework of an international gambling and criminal empire for members of the Senate in- vestigations subcommittee. He described many years dealing with stolen automobiles, gambling, loan-sharking, stolen and forged credit cards and said he finally decided to go into the stolen security racket because it appeared to be ex- tremely lucrative and offered less chance for arrest. He said one of his principal contacts in New York City was a man named Skinny Freddy Guarino who he said "has a big connection in two or three dif- ferent jointt in Wall Street where he gets his stocks and bonds." "One place where he was well connected wa, Hayden Stone and Company. In fact, most of the stuff he gets he disposes of through customers in Montreal and the Bahamas and he makes frequent trips carrying shopping bags filled with stolen stocks and bonds." The firm Hayden, Stone Inc. no longer exists. It merged to form CBWL-Hayden, Stone Inc. and filed a registration state- ment with the U.S. Securities and Exchange Commission 61 June 29. It had previously been privately owned. The new firm had no immedi- ate comment on the allegation. OPEN TO GAMBLING Teresa said he was ones promised by Francois (Papa Doc) Duvalier, the late presi- dent of Haiti, that his associates "could get a gambling licence anytime we wanted." In turn, he said, "I gave Papa Doc a Cadillac." Teresa said Meyer Lansky, now in Isricl, remains the No. 1 figure in international criminal gambling. Theresa said that in 1955 his uncle Dominick (Sandy Mac) Teresa, introduced him "to all the mob people in the Boston area at that particular time." He said they treated him like a son and welcomed him at monthly meetings held on Jo- seph Lombardi's Pine Tree Farm near Framingham, Mass., which were attended "by leading mob figures from all over the country." "They or less cut up the pie and made plans for One next Teresa said, saying that their interests ranged from gambling to such legitimate businesses as golf courses and hospitals. "I was born and raised with the people in the mob who oper- ate in gambling and other rack- ets. My grandfather was a don in the Mafia Montana split over Metcalf legislation HELENA, Mont. servation groups have lined up behind a bill sponsored by Democratic senator Lee Met- cal' of Montana to designate a stretch of the Missouri River as a recreation area. Some farm and ranch groups have announced their opposi- tion. The bill would set aside a 17f> mile stretch of the river below Fort Bcnlon, preserving it from damming and other de- velopment. At a hearing in Helena, sev- eral legislators and various en- vironmental groups offered ti sunport to the proposal. Opponents included the East- ern Montana Development As- socialion, the Montana Water Development Association and the Montana Farmers Union. MEN'S AND BOYS' WEAR SAVE 2.54 Men's G.W.G. Jeans Permanently pressed. Slim leg style. Yellow, Blue, Brown, Green. Sizes 28 to 34. ?eg. Woolco Price 8.95. 6.44 Men's G.W.G. Walking Shorts Permanently pressed. Assorted plain shades and plaid designs. Sizes 30 to 42. Reg. Woolco Price 7.95 to