Word: vesco
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...Robert Vesco, 38, is a much-wanted man, for several very good reasons. The U.S. attorney in New York would like to try him on charges that he defrauded one company he controlled of $50,000 and that he obstructed justice (along with John Mitchell and Maurice Stans) by donating $200,000 to the Nixon re-election campaign in return for the blocking of an SEC investigation into his financial affairs. There is also a pending civil case alleging that he helped loot four foreign mutual funds of $224 mil lion. But the New Jersey financier has taken...
...Costa Rica, where Vesco has business interests and political friends, the Corte Suprema de Justicia last July turned down an extradition bid by the U.S. Then, when Vesco asked for an advisory opinion, a federal criminal court in Buenos Aires ruled that Argentina would not extradite either, should he decide to move there. Finally, in the Bahamas, where Vesco gives campaign contributions to the ruling party and now has extensive financial operations, another magistrate has turned the U.S. down. Last week U.S. Attorney Paul
Curran contemplated the shambles of failed extradition applications and concluded: "There are no other extraditable charges pending that I know of." For the moment, Vesco appears to be away from home free...
More dark rumors arose in 1971, when Don's only son Don Jr., then 24, was hired as a personal aide by Robert L. Vesco, the wandering financier now under federal indictment for illegally contributing $200,000 to the Nixon campaign in 1972 and conspiring to obstruct justice. Vesco took such a liking to young Don Nixon that he invited him to move into the family home in Boonton, N.J. It is not altogether clear what work Don Jr. does in return for such treatment, but the two have traveled together abroad and Don Jr. has been quoted...
Sept. 11: Mitchell and Stans are scheduled to stand trial in federal court in New York City on charges of conspiring to arrange an illegally secret $200,000 cash contribution to the Nixon re-election campaign by New Jersey Financier Robert L. Vesco. In return, according to the indictment, they tried-unsuccessfully-to obstruct and impede the Securities and Exchange Commission investigation of Vesco, who was later charged with looting millions from the huge I.O.S. mutual-fund complex. Acquittals of these close aides would naturally be helpful to Nixon -and convictions damaging...