Word: tipstering
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Nobody challenged Bailey's victory in the Democratic primary last September, but there were charges of voting fraud in other areas, so Rhode Island Attorney General Julius Michaelson convened a grand jury to investigate. While the jury was sniffing around, an anonymous tipster called the state police and told them that Bailey had an arrest record. State Police Captain Edward Pare found that Bailey had pleaded guilty in 1962 to shoplifting suits from a store in Cheltenham, Pa. He had paid a $100 fine and spent 60 days in jail. Pare also found that Bailey had been arrested...
EQUITY FUNDING CORP., now Orion Capital Corp. Record high stock price (1969): $86. Low before suspension of trading (1973): $14. Last week: $5. Los Angeles-based Equity was a darling of the insurance industry until March 1973, when Ray Dirks, a Wall Street insurance analyst, was told by a tipster that many of Equity's outstanding policies, perhaps $1 billion worth, had been sold to people who did not exist. In three wild weeks, Dirks raced around the country, confirmed the tipster's story, and told clients to get out of the stock. Equity declared bankruptcy...
Died. James A. (Jimmie) Noe, 82, protégé of Huey Long and the tipster behind the investigation that led to the 1939 scandal known as the Louisiana Hayride; of heart disease; in Houston. Appointed Lieutenant Governor of the Pelican State by Long in 1935, he succeeded to the Governor's office the next year, following the death of a Long crony, O.K. Allen. Noe served as Governor for only four months, choosing not to run in the 1936 election. He later turned against the winner, Richard Leche, another Long disciple. Congressman F. Edward Hebert...
...death of Don Bolles, 47, the Arizona Republic investigative reporter killed four months ago when a bomb blew up his car. Bolles had for years been digging into local political corruption and organized crime. On June 2 he was finally lured to his death by a telephone tipster who claimed to be offering information on a land-sales fraud. Now Bolles' colleagues of the IRE (Investigative Reporters and Editors Association) will try to pick up where he left off. "We're not here to catch Don Bolles' killer," says Michael Wendland of the Detroit News. (A local...
John Adamson was the tipster Bolles was to meet, or so it said on the note Bolles left on his desk. Police searched Adamson's apartment after the bombing and found equipment for and books on how to make bombs. A business partner, Robert Lettiere, another minor figure in the Phoenix underworld, said under oath later that while he and Adamson were riding around, Adamson mentioned he was going to blow up a car. He was going to blow up the car, Adamson said, "because some people don't like this guy." On June 5, Adamson was ordered to stand...