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Braniff Flight 922 from Bogota to Los Angeles is nicknamed "the cocaine special." One scam is for a passenger to hide the powder somewhere on the plane, clear customs in Los Angeles, reboard the plane for the continuation to San Francisco, then collect his hidden coke. Panel bolts in many planes are visibly worn from smugglers' screwdrivers. Four unclaimed kilos were found last month in one jet's nose cone...

Author: /time Magazine | Title: The Colombian Connection | 1/29/1979 | See Source »

...address of one of Phil's friends in Chicago. Phil never opened the envelopes; he merely picked them up and delivered them to a local dealer recommended by Rafael, charging him $1,000 an oz. For his work and $3,000 investment, Phil made $25,000. He repeated the scam for a few more months; then, $100,000 later, he pocketed his winnings and retired...

Author: /time Magazine | Title: The Colombian Connection | 1/29/1979 | See Source »

...Rollers "rock 'n roll" now they're barely even cute--bubble gum is cloying. Elvis was outrageous in the '50s because he never held back, but outrageousness has become a style all its own, and it really isn't very shocking any more. Punk rock is just a crazy scam. Even good disco is tediously predictable. Neither the Sex Pistols nor the Bee Gees will ever draw large crowds to their graves...

Author: By George K. Sweetnam, | Title: Flowers for Elvis | 9/22/1978 | See Source »

...Midwesterners cruising in turquoise Firebirds with tailwings and racing stripes. It had no 30-year-old hangers-on. It had no wet t-shirt contests. Elvis Presley could never have made one of his Tarzan-of-our-time movies at Harvard's Memorial Hall. But the requisite Fort Lauderdale scam of being charming to strangers seemed too much like the mixer mentality for Namo and I to feel that we had escaped from much. The main thing everyone there had left behind was restraint...

Author: NO WRITER ATTRIBUTED | Title: Manifest Destiny: | 4/6/1978 | See Source »

...fled to Bermuda or the Cayman islands. An FBI fingerprint check revealed that "James Carr" was really one Alan Abrahams, an escaped convict with a 22-year criminal record, who in 1974 had fled a New Jersey prison farm, where he was serving a sentence for a commodities scam. Officials say that Lloyd, Carr may have swindled investors out of as much as $75 million over the past 18 months. Investigators found that one escrow account in a Boston bank supposed to contain $3.6 million to safeguard clients' funds contained only $200. Massachusetts authorities believe the total siphoned...

Author: /time Magazine | Title: Business: Options Scam In Boston | 1/30/1978 | See Source »

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