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Elvis Presley — Part 7
Page 40
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UNITED STATES DEPARTMENT OF JUSTICE
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PEDERAL BUREAU OF INVESTIGATION
July 26, 1977
RE: YFREDERICK N. P. PRO;
ELVIS A. PRESLEY ~ VICTIM
INTERSTATE TRANSPORTATION OF STOLEN
PROPERTY ~ FRAUD BY WIRE
Vernon BE, Presley, father of Elvis A. Presley,
entertainer, has power of attorney to act for bis son in
business transactions, Acting in this capacity, he entered
into a contract with Frederick N,. P, Pro, President of Air
Cargo Express, Incorporated, Miami, Florida, and others
wherein Presley's plane, a Lockheed Jet Star, would be
sold, It would then be upgraded to satisfy Federal Aviation
Administration requirements and leased back to Presley for
subsequent sub-leasing to Air Cargo Express,
When Pro was pressed by Presley to complete bis
end of the contract -since a lack of funds seemed apparent,
Pro indicated he bad funds abroad, Shortly following this
confrontation, a Telex was received at the bank in Memphis,
Tennessee, handling the account of Elvis Presley. A clear
Telex of the »
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Meaphis, Tennessee aoe.
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