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Newspaper
Press Telegram
Location
Long Beach, California, United States of America
Date
Dec 21, 1972
Page
3
James H. Hoffa and six others were ordered by U.S. District Court Judge Richard Austin to pay $25,723 in court costs for a mail fraud trial held over eight years ago. The ruling affirmed the costs following the 1964 Sch4lay trial.
A federal grand jury charged eight men in a 65 count case tied to false earnings used to market Four Seasons Nursing Centers stock. Defendants include Walston & Co executives and Arthur Andersen partners, with losses to investors and mutual funds totaling hundreds of millions. Indictments allege European and Ohio fraud as stock climbed pre bankruptcy.
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