Word: hennig
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Dates: during 1940-1949
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...Hennig was fined ?281,175 ($787,290), one of the largest fines ever handed out in a London court; two company officers were sent to jail. When Winston and Parser appeared in court to claim their part of the shipment of diamonds, worth ?26,134, they were cleared of any blame, but the gems were confiscated...
Last week the London-Tangier diamond trade, which had enabled U.S. dealers to get gems for one-sixth under their London price, received a mortal blow. In London's Clerkenwell Court, I. Hennig & Co., Ltd., one of Britain's most respected diamond merchants, was convicted of customs evasion and violation of exchange controls. The prosecution charged that I. Hennig shipped ?76,254 ($213,511) worth of rough diamonds to Tangier and attached false invoices to make it appear that the gems were consigned to a Tangier merchant. Actually, the gems were bought by U.S. merchants, among them Manhattan...
...Tall, balding Gus Hennig, chief guard for the past 37 years, smiles and says: 'It's wicked out there today.' As you walk on to the floor a messenger in full sprint about knocks you down. The great paneled room resembles a large railroad station at 5 p.m. when commuters are racing for trains. High above the trading floor are the big blackboards carrying quotations for wheat, corn and other commodities...