◆ SpookStack

" ME 87-16994 . . ok the American National Bank of Morristown, New Jersey. This indebtedness was only for aforementioned plane and the sur- plus of the loan, $338,048.33, would be used to finance the upgrading of this aircraft. fhe indictment further notes that on June 25, 1976 and July 14, 1976 written lease agreements were exe e BASZNER agreed to report on the upgrading of the aircraft and PRO issued checks to PRESLEY in the amounts of $40,000, $17,755 and $17,755, all of which were subsequently deter- - mined to be worthless. Also, on June 25, 1976, PRO, WOLFSON and CAGGIANO left Memphis in PRESLEY's aircraft for Niani, C Plorida. . In continuance of this scheme to Gefraud, PRO ob- tained money from PRESLEY never having performed any of the necessary modifications and PRO, as operator of Air Z2xpress, never made payments to PRESLEY required under the sub-lease terms of the contract. Also, PRO, WOLPSON, BAS INER and CAGGIANO caused false and misleading invoices to be pre- pared in order to obtain money from PRESLEY, causing checks to be issued in amounts of $129,500, $17,500, $117,500 and $33,000. Also PRO and PHILIP KARL KITZER, JR. caused a false Telex message to be sent from Seven Oak Finance Limited, London, England, to the National Bank of Commerce, Memphis, Tennessee, reflecting that at the request of PRO the Seven Oak Finance had confirmed that Air Cargo Bxpress had an account in excess of 500,000 U. 8. dollars, knowing this statement to have been faise. fhe subjects, on che 20th of July, 1976, caused a letter to be addressed to CHARLES H. DAVIS, attorney for PRESLEY, which was in viola- tion of the Fraud by Mail Statute, Title 18, U. 8. Code, Section 1341 and 2. . Count two notes that ROY SMITH caused a letter to be sent to CHARLES 8. DAVIS in violation of the Fraud by Sail Statute. - "Yn Count three, PRO is chargeé with violation of the Interstate fransportation of Stolen Property Statute, ~~ Pitle 18, Section 2314, U0. 8S. Code, with regard to taking the Lockheed Jetstar to Miami, Florida; count four identifies PRO as causing a Cashiers check, number 647716, in the amount of $32,000, drawn on the Sational Bank of Commerce, Memphis, Tennessee, and Gated July 16, 1976, payable to Air Cargo Express, and a second Cashiers check, awueber 647717, payable sae my i \ ad eek no YT TE Phd Ror Oe ns ee ne STE Ere eye + . . ory .