Word: teamster
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Untangling the knotted skein of corruption that spewed from the power reel of Teamster Boss Dave Beck, the select Senate committee investigating labor racketeering has turned up some devastating evidence. Even so, many a rank-and-file teamster could still tell himself that Good Old Dave had the boys' interests at heart, no matter what he did. Last week, as the hearings took on a new reel. Good Old Dave turned out to be Bad Old Dave for even the toughest teamster. Reason: testimony plainly showed that Dave 1) used the Teamsters, whenever it suited his money-hungry whims...
...Seattle mortgage banker, flushed deeply, swallowed hard, spun the saddest yarn of all. With Joseph McEvoy, the nephew of Beck's wife, and one other associate, Hedlund established the National Mortgage Co., thanks partly to the $35,000 contribution from Uncle Dave to McEvoy. Then Hedlund, Beck and Teamster Lawyer Simon Wampold organized an outfit called the Investment Co., which drew brokerage commissions on Teamster money invested by Beck. Through the mortgage company, Beck put a tidy $9,000,000 in Teamster funds into mortgages, and through this company, Beck's family profited handsomely...
...When Teamster Boss Dave Beck got around to figuring out his 1950 income tax, he asked for and got an extension beyond the March 15, 1951 filing deadline. Last week Beck's 60 days of grace ironically backfired, for they had extended as well the six-year period in which the Federal Government could move against him for tax evasion. Hurrying to meet a May 15 deadline of its own, the Justice Department, capping a three-year Internal Revenue Service investigation, accused the pudgy pride of Seattle of evading $56,000 in 1950 taxes...
...Tacoma, Wash., after deliberating three hours, a grand jury indicted Beck for tax evasion. The jurors added a second indictment accusing him of helping prepare a fraudulent return for a building association operated by his Joint Teamster Council 28. Beck got the word in Washington, put on a pair of dark glasses, bounced into Federal Court to be fingerprinted, bounced out again on $5,000 bail. That done, he was off to Atlantic City to address 50 officers of the Teamsters' Eastern Conference. Said Dave: "If you find anyone who can do a better job than I have done...
WASHINGTON, May 8--Dave Beck today refused a challenge to "blow the lid right off the Senate," if he could, by revealing how his Teamster Union funds were spent...