Reader Ad Slot
Reader Ad Slot placeholder
If you would like to support SpookStack without paying out of pocket, please consider allowing advertising cookies. It helps cover hosting costs and keeps the archive free to browse. You can change this choice at any time.
Abner Zwillman — Part 2
Page 74
74 / 141
kaw. SISTC testified that he made purchases of stock
fcr this account without consulting the ZWILL‘MANs.
Testimony during the trial brought out that ZWILLMAN
made a $17,500 investment in the Durabrick Sales Corporation,
a manufacturer of cement bricks, ZWILLMAN was a 97%) stock-
holder in this venture, which turned out badly.
DAVID LIEP of 1480 Pleasant Valley Way, West Crange,
New Jersey, a mason contractor, testified that it was he who
had interested ZYILLMAN in investing money in the brick
company. le said ZWILLMAN gave him $35,000, half of which he
later returned to ZWILLMAN.
Later, Mr. LIEE corrected himself to say that the
money for this brick company actually came from the E and §
Trading Company, a scrap metals firm of Which ZWILLMAN was
a 97(; stockholder. We added that when he, LIEB, said that
Z2NILLUAN made the investment he actually meant the E and §
Company made it.
Tne press reported under date of February 9, 1956,
that the Vest Orange house in Which the ZWILLMANs reside was
deeded to Mrs. ZNILLMAN by her father, EUGENE E, MENDELS,
subject to a $46,000 mortgage held by ZWILLMAN, $20,000 in
repair Work was allegedly done in the house in 1947 and 1948.
During the trial various methods were used to bring
out the actual manner in which ZWILLMAN conducted his financial
affairs. During the trial the Government went back through
the depression years to show that actually ZWILLMAN's father-
in-law was a trustee for ZWILLMAN and not his partner.
Testimony was given to show that EUGENE E. MENDELS, Who is
now 82 years of age and seriously ill with heart trouble,
was a banker and broker until the 1929 crash and that he
worked for the W,P.A. during the depression.
In 1942 he signed an affidavit saying that he
had been dependent on the ZWILLMANs since his daughter
married ZWILLMAN in 1939,
MENDELS, who is too ill to appear in court, made
a bedside deposition on January 20, 1956. In this deposition
MENDELS said that he became a partner in Alkuno and Company,
a manufacturer of airplane parts, in 1942 with a $500 invest-
ment and in three years earned $75,000 in salary and profit.
He testified that he gave his daughter $30,000 to $35,000 of
this money to keep for him and later told her to use it as
she pleased,
-17-
Community corrections
No user corrections yet.
Comments
No comments on this document yet.
Bottom Reader Ad Slot
Bottom Reader Ad Slot placeholder
If you would like to support SpookStack without paying out of pocket, please consider allowing advertising cookies. It helps cover hosting costs and keeps the archive free to browse. You can change this choice at any time.
Continue Exploring
Agency Collection
Explore This Archive Cluster
Broad Topic Hub
Topic Hub
fbi
bureau
federal bureau
Related subtopics
Subtopic
Subtopic
Subtopic
Subtopic
Subtopic
Subtopic