The $800,000 cited in the in dictment represented part of almost $1.5‐million in Treasury bills that were found missing in July, 1970, from Brown Brothers Harriman & Co. of 59 Wall Street, according to James T. B. Tripp, the prose cutor who presented the case to the grand jury.
The indictment did not indi cate who had stolen the Treas ury bills, how the defendants had obtained them or what had happened to the remainder of the missing bills, but Federal prosecutors said that the in vestigation was continuing.
According to the indictment, Mr. LaVelle obtained six Treas ury bills in $100,000 denomina tions and four in $50,000 de nominations, all bearing the serial numbers of Treasury bills stolen from the Wall Street bank.
It is alleged that Mr. LaVelle went to a businessman he had known for years, Mr. Jacobs, who was a client of Mr. Alt schul, and that Mr. Altschul tcok the matter to Mr. Thaler.
In October, 1970, the indict ment alleges, Mr. LaVelle and Mr. Jacobs delivered the stolen Treasury bills to Mr. Altschul and Mr. Thaler at their offices at 36 West 44th Street.
The conspiracy count of the indictment contends that Mr. Thaler arranged for Fred H. Hill, a Manhattan real estate man, to deposit $500,000 of the stolen Treasury bills in the Chemical Bank at Fifth Avenue and 42d Street, but that Mr. Hill subsequently refused to complete the collection.
Brassner’s father:
Mr. Thaler then allegedly arranged for a client, Jules Brassner, who is a Manhattan art dealer, to deposit $250,000 of the stolen Treasury bills for collection at the Second National Bank of New Haven in Connecticut.
https:// mobile.nytimes.com/1971/12/22/archives/thaler-indicted-for-receipt-of-stolen-treasury-bills-3-others.html
“The $800,000 cited in the in dictment represented part of almost $1.5‐million in Treasury bills that were found missing in July, 1970, from Brown Brothers Harriman & Co. of 59 Wall Street, according to James T. B. Tripp, the prose cutor who presented the case to the grand jury.”