ABC Evening News for Monday, Jul 24, 1989
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(Studio: Tom Jarriel) Congress hearings on corruption in IRS (Internal Revenue Service) noted. Report introduced.
(DC: Richard Threlkeld) ABC News investigation into IRS's handling of designer jeans industry featured; scenes shown of jeans ads. from two feuding companies, Guess?, Incorporated, run by Paul Marciano and Jordache Enterprises, run by Avi Nakash. Rel. of Marciano and former IRS (Internal Revenue Service) official Ronald Saranow that resulted in tax investigation of Nakash family explained. [MARCIANO - denies deal with IRS.] Nakash's retaliation against Marciano by hiring of Octavio Pena, private investigator who had contacts with IRS (Internal Revenue Service) agents, noted resulting in IRS (Internal Revenue Service) investigation of Guess?. [PENA - says he has done nothing illegal.] Refusal of Saranow or IRS (Internal Revenue Service) to comment on allegations explained.