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Bugsy Siegel — Part 23
Page 46
46 / 84
_ Claim "Bugsy’ As
: -Actor for Loan
Of $100,000
|
_ The name of George Raft, slick-
+haired portrayer of screen gang-
&ter roles, cropped up again todey
in the investigation of the tangled
financial] affairs of Benjamin
“Bugsy” Siegel, slain ganglord.
Close on the heels of a disclosure]
by state investigators that Siegel) |
Tay have paid a staggering
31,500,000 debt with his life, Dis-| |
trict Attorney William E. Simp-| !
zon sald he had learned that,’
“Bugsy” had recently approache
Raft and other Hollywood film fig-
ures for loans of $100,000 or more.
Fhe actor, however, promptly
denied that Siegel had atternpted
te borrow money from him, and]!
Fo
waid he had jast seen the gambiing
f
i
a
ezar March 6 at the opening of
Siegel's Flamingo Hotel in Las
Vegas, Nev.
NEEDED $1,500,000
Simpson said he had reports
that “Bugsy” had declared:
“I feel Hike burying my head
im the Sand. My pride fs badly
hurt, 1 got my friends and my- ;
self into this Flamingo thing |:
for $4,506,000 and ii’s driving
me nuta.
“F need $1,500,000 and I need
; Hewithin 30 days.” |
‘ he district attorney also said
that Investigators were checking
n all phone calls to and from the
ingo between June 18 ang:
une 21 in an effort to loca
oever Siegel might have:
i ed to from Las Vegas befor.
jhe came to Beverly Hills
June_20 and met his death. }-
:
ae ie as ei ee
RATED 7/2 //7
| ‘The theory that Siegel may
have been rubbed out because of
bad debts was based on
revelation that two of hig ch
‘or a total of $150,000 “bounced
‘Bust before his murder. ;
‘| “We believe these are not the
only checks on which Biegel
stopped payment,” declared
Walter H. Lentz, chief special
investigator for ‘the attorney
general’s office, “We think his
~ primary purpose in coming to
Los Angeles on the day of his j
slaying was to raise money to |
eover his bad checks.”
Investigators also learned that
“Bugsy” had confided to a friend
a week before his death: ;
“T need $1,500,000 within
days, The bank won't lend
to me and my friends hav
helped al] they can, Hf I don’
get it, Pll bave to hide out.” ;
CHECHS STOPPED
The two checks, for $100,000 and
$50,000, were made out to the Del
E. Webb Construction Co., the
firm which completed Siegel's
gaudy $5,000,000 Flaminge gam-
bling casino in Las Vegas, Nev. |
Both were signed “Ben Giegel” \
and were drawn against the |
operating account of the Fils
Mingo on the Las Vegas office
of the Bank of Nevada. The han. '
dred grand check, dated May 6,
was returned marked “payment
stopped.” The other ch
dated June 16, was returned f
“insufficient funds.”
Investigators declared t
while no suspicion was attached
to Web » wealthy Phoenix con
re
ee a ea
“As far as I know the com |
Aocan’t have the checks,”
“he sald, “I ld not receive ‘them
and I know ancthins ‘dhont
”
Since the drafts were not
cut to Webb personally, he ma
net have seen them, investiga
pointed aut, :
However, & close associate
Webb told newsmen that the con-
tractor’s investment was pro-
tected by liens on the Flamingo.
One of the theories about
Siegel's rubout was thai the
underworld czar tried ta raise
dmoney by boosting the rates f
racing news service. Bonki
ay have found it easier to.
fm than to pay off.
The bad check find, a. “t
secret” in the attorney general's
tices, leaked out through the
Francisco Police Departme
an) -8- ten had wana theangoh
y City clearing house, whi
wook photostetic conles before re
turning them. ;
At a meeting with District At-
torney William E. Slmpson,
Sheriff Eugene Biscailuz and,
other law enforcement officers,
Lentz said the Siegel slaying
shows that Los Angeles is rated
ap 2 “soft spot? ="
UL SS DEPARTS ERT OT
awe tee 1G
1 : oe
“SUL a Tle
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