Massive stock fraud indictment targets nursing centers case
Eight men face federal charges in a 65 count indictment over a 1968 to 1970 stock fraud tied to Four Seasons Nursing Centers of America. Defendants include two Arthur Andersen partners and two Walston & Co. officials. Prosecution cites inflated earnings, sham sales, false costs, and secret stock sales for $21 million profits. Four Seasons later filed for bankruptcy. the Tucson complex became La Posada del Sol.
MENTIONED IN THIS ARTICLE
NEW York
Four Seasons Nursing Centers of America
Walston & Co., Inc
Arthur Andersen & Co
Andersen
Walston & Co
Arthur Anderson & Co
Naftalis
Gordon H. McOllwn
Paradise Valley
Aviz
Kenneth J. Wahrman
Edward J. Bolka
Oklahoma City
Arthur Andersen
Four Seasons Nursing Home
Tucson
N. Craycroft Road
County Board of Supervisors
la Posada del Sol Nursing Hone
Tucson residents voice mixed views on wage price controls
Local business leaders and bankers weigh the cost and benefits of wage price controls. They cite inflation trends in food, the need for balanced budgets, and concerns that caps hinder risk taking while controlling costs for customers.
MENTIONED IN THIS ARTICLE
Gordon Paris
Tucson Federal Savings & Loan Association
Paris
Gilbert Bradley
Valley National Bank
Tucson
Thomas Brown
Burr-Brown Research Corp
Brown
United Steelworkers of America
USW
van Englestaad
Afl-Cio
Bounds
George S. Leaming
University of Arizona
Leaming
Hare
Wounded eagles find homes across the nation
Gov. Cecil D. Andrus appealed for housing for 13 wounded bald and golden eagles shot by hunters. He asked other governors for aid. The Interior Department permits exceed the number of birds available and the transfer decision rests with the Department of Treas...
MENTIONED IN THIS ARTICLE
Bqise
Idaho
Cecil D. Andrus
Andrus
Interior Department
Department of
Trterian
Multiple Thefts Emerge In Police Narcotics Hoard
New York police report narcotics and valuables stolen from the department property office may total nearly four times the prior disclosed amount. Missing are 8 pounds of heroin 131 pounds of cocaine plus cash and jewelry. Last week 80 pounds of heroin tied to the French Connection case were found missing.
MENTIONED IN THIS ARTICLE
New York
Police Department
Cranston to seek law protecting newsmen
Sen. Alan Cranston announced he will introduce bills to shield newsmen from being forced to reveal sources in state and federal cases. He cited the jailing of John F. Lawrence and criticized the Nixon administration for increasing press pressure, calling for legal protection to ensure a free press.
MENTIONED IN THIS ARTICLE
Los Angeles Times
Los Angeles
Alan Cranston
D-Calif
Cranson
Washington, D.C
John F. Lawrence
Washington
Agnew
New bird arrives for Air Museum display near Davis Monthan
A new specimen was trucked in from Blythe California for the Air Museum project. The bird will be renovated for display at the museum under development on a 275 acre site on Wilmot Road near the southern edge of Davis Monthan Air Force Base.
MENTIONED IN THIS ARTICLE
Blythe
Calif
Wilmot Road
Davis- Monthan Afb
Peace groups plan protest at D-M gate
Local peace groups plan a Christmas Eve vigil at the Davis Monthan Air Force Base main entrance on Craycrott Road at 8 p.m. calling for immediate withdrawal of American forces from Southeast Asia. Tucson Peace Action Coalition and the Student Mobilization Committee say the base symbolizes the expanded air war.
MENTIONED IN THIS ARTICLE
Davis-Monthan Afb
Tucson
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