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Bell executive indicted in multi‑million bribe scheme
Former Bell data systems VP Ray Acker and six others face two federal indictments accusing a four year scheme from 1974 to 1978 of bribes kickbacks and income tax evasion totalling more than 1.7 million dollars. The case ties Intercap Corp International Equipment Financing and a Princeton bank to laundering and wire fraud.
MENTIONED IN THIS ARTICLE
Bell
Telephone Co
Ray A
Pete’ Acker
Data Systems
St.Louis
Acker
Southwestern Bell
Telephone Company
Irven Eugene Barlow
Richard Reid Wadsworth Jr
Intercap Corp
Dallas
Robert Ancel Palmer Jr
International Equipment Financing Corp
Robert Charles Sullivan Jr
Citizens State Bank of
Princeton
Warren Eugene
Intercap and
Sullivan
Princeton Bank
Texas
U.S
Diana
St. Louis
Kenneth J. Mighell
Dallas Grand Jury
FBI
Internal Revenue Service
Justice Department
Southwest Organized Crime Strike Force
Bennie Bush Gee
Palmer's Company
Sherif Ned Brown
Gee
McQuade
Palmer
Brown
IRS
Citizens State Bank
State Public Utility Commission